In 2023, Germany's frozen northern prawn production in capture fisheries was valued at 3.11 thousand euros per metric ton. Forecasts indicate a gradual annual increase from 2024 to 2028, beginning at 3.14 thousand euros per metric ton in 2024 and reaching 3.27 thousand euros per metric ton by 2028. The compound annual growth rate (CAGR) over this period reflects a stable and modest rise. Year-on-year variations show a consistent upward trend, signaling steady demand and possible enhancements in production techniques or market conditions.
Future trends to watch for include potential impacts of climate change on marine ecosystems, sustainability initiatives affecting capture fisheries, and changes in EU fishing policies. Additionally, shifts in consumer preferences towards local and sustainable seafood could influence market dynamics significantly.
