The total shrimp production in capture fisheries in Germany is forecasted to decline from 2024 onwards. In 2023, shrimp production stood at approximately 6.77 thousand metric tons. The projected decrease in production by 2028 suggests a drop to 4.44 thousand metric tons, represented by an annual decline of about 6.44%. The Compounded Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -8.41%, indicating a consistent reduction over this period. The decline is notable year-on-year, with production decreasing by about 7.46% from 2024 to 2025 and similarly in subsequent years.
Future trends to watch for include:
- Potential changes in regulatory policies impacting capture fisheries.
- Environmental factors affecting shrimp habitats.
- Technological advancements in sustainable fishing practices.
- Market demand fluctuations, both domestically and internationally.
