The production value of fresh squids, cuttlefishes, and octopuses in Germany's capture fisheries is forecasted to see steady growth from 2024 to 2028, increasing gradually from €3.14 thousand per metric ton in 2024 to €3.3 thousand per metric ton in 2028. This follows a consistent linear trend with an annual growth rate of around 1.27% year-on-year. In 2023, the last known value was slightly below €3.14 thousand per metric ton, marking the beginning of a modest upward trajectory in value. The CAGR for the period from 2024 to 2028 is approximately 1.26%.
Future trends to watch for include potential impacts of environmental regulation on marine life sustainability, consumer preferences shifting towards locally-sourced seafood due to rising environmental consciousness, and the technological enhancement of fishing methods and supply chains which might influence production values and costs.
