The production of sharks, rays, and chimaeras in capture fisheries in Germany shows a steady decline from 2024 to 2028 based on forecasted data, from €805.78 in 2024 to €778.25 in 2028. For context, in 2023, the production value stood at €812.21, indicating a diminishing trend. Analyzing the year-on-year variation, decreases are observed consistently: 0.87% in 2025, 0.92% in 2026, 0.87% in 2027, and 0.86% in 2028, resulting in a CAGR of -0.85% over the 5-year period. These figures reflect an overall declining trend in this sector.
Future trends to monitor include potential impacts of environmental policies, technological advances in sustainable fishing practices, and shifts in consumer demand towards sustainable seafood options. These factors could influence production levels and market dynamics in the coming years.
