In 2023, the production of whole frozen crustaceans in Germany's capture fisheries was estimated at approximately 385 Metric Tons. The forecasted values for 2024 to 2028 indicate a steady increase, with production expected to reach 543.58 Metric Tons by 2028. The year-on-year growth rates illustrate a consistent upward trend, with marked increases: 7.67% from 2024 to 2025, 7.09% from 2025 to 2026, 6.59% from 2026 to 2027, and 6.14% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is projected to be around 7.1%.
Future trends to watch for:
- Technological advancements in fishing and freezing processes that could further enhance production efficiency.
- Potential regulatory changes impacting catch limits and environmental sustainability objectives.
- Fluctuations in global demand and international market conditions that could influence production levels.