In 2023, the value of Germany's imports of fresh or chilled turbots stood significantly higher compared to the forecasted values from 2024 onward. By 2024, imports are estimated at $7.3192 million, with a projected decrease over the following years to $6.453 million by 2028. This represents an annual decline, reinforcing the pattern of decreasing demand or supply chain adjustments.
Year-on-year variations:
- 2024 to 2025: -3.0%
- 2025 to 2026: -3.1%
- 2026 to 2027: -3.1%
- 2027 to 2028: -3.2%
The Compound Annual Growth Rate (CAGR) over the forecast period is approximately -3.05%, indicating a consistent downward trend.
Future trends to watch for include the impact of sustainability efforts on seafood imports, potential currency fluctuations affecting import prices, and shifts in consumer preferences towards different fish varieties. Furthermore, the integration of advanced aquaculture technologies could alter local supply dynamics.
