The forecast indicates a declining trend in the production value of whole frozen rays, stingrays, and mantas in Germany's capture fisheries. The value is projected to decrease significantly from 2024 to 2028, with a consistent reduction in the euros per metric ton each year.
Year-on-year percentage drops highlight a stronger decline beyond 2025. The compound annual growth rate (CAGR) for the forecast period from 2024 to 2028 suggests a negative growth rate, signaling a continued downward trajectory.
Future trends to watch for include:
- Innovations in sustainable fishing practices which could potentially influence production costs and market value.
- Consumer shifts towards alternative seafood choices impacting demand.
- Regulatory changes regarding fishing quotas and environmental policies affecting the market dynamics.
