The market for Processed Herrings in Germany has demonstrated fluctuating trends. Between 2013 and 2023, market volume was inconsistent, peaking at 80.232 million kilograms in 2019, followed by a gradual decline, ending at 73.85 million kilograms in 2023. The fluctuations show a year-on-year variation, with notable decreases in 2016 and increases in 2019. The five-year CAGR until 2023 indicated a growth rate of 4.35% per annum. Recent data highlights a decreasing trajectory post-2020, showcasing some instability.
Forecasting towards 2024 and beyond, the market could be influenced by changes in consumer preferences, environmental concerns, and sustainability trends. Tracking these factors is vital for understanding future developments in the processed herrings market.
How does Germany rank in Processed Herrings, Whole or in Pieces (Excluding Minced Products and Prepared Meals and Dishes) Market Size Volume?
| # | 5 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 114,390,000 | 2023 | +0.64% | +1.03% | View data |
| 2 | 2 Germany | 73,850,000 | 2023 | -2.74% | +4.35% | |
| 3 | 3 Belgium | 5,780,500 | 2023 | +2.49% | +3.11% | View data |
| 4 | 4 Romania | 4,583,200 | 2023 | +3.47% | +9.96% | View data |
| 5 | 5 Latvia | 4,266,000 | 2023 | +2.06% | +2.14% | View data |