Forecast: Frozen, Filleted Cods, Hakes and Haddocks Production in Capture Fisheries in Germany

In 2023, the production value of frozen, filleted cods, hakes, and haddocks in capture fisheries in Germany was lower than the forecasted figures for subsequent years. From 2024 to 2028, there is a consistent increase, starting at 5.36 thousand euros per metric ton in 2024, reaching 5.79 by 2028. This steady progression indicates a positive growth trajectory, reflecting an increased valuation of these fish products in the market.

Year-on-year analysis shows incremental enhancements in production value, indicative of a healthy market expansion. With a compound annual growth rate reflecting a steady rise over five years, stakeholders can anticipate continual improvements in the sector's economic outlook.

Future trends to watch for include:

  • Potential impacts of environmental regulations on fishing practices and production capabilities.
  • Market demand fluctuations influenced by consumer preferences for sustainable fishing.
  • Technological advancements in processing and storage that could affect production efficiencies and costs.
  • Global economic conditions that may influence export opportunities and global pricing strategies.

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