In 2023, Germany's production of frozen, filleted Atlantic cod in capture fisheries was valued at 26.5 million Euros. Forecasts indicate an upward trend from 2024 through 2028, with values increasing to 27.777 million Euros in 2024, and steadily rising to 33.221 million Euros by 2028. This reflects a consistent year-on-year growth rate, with the compound annual growth rate (CAGR) averaging around 4.65% during the forecast period.
Future trends to watch for include:
- Environmental policies influencing capture fisheries and sustainability practices.
- Shifts in consumer preference towards sustainable seafood impacting demand.
- Technological advancements in fisheries enhancing production efficiency.
- Global economic conditions affecting export potential and market dynamics.