Forecast: Headed Gutted Fresh Cods, Hakes and Haddocks Production in Capture Fisheries in Germany

In 2023, the production value of headed gutted fresh cods, hakes, and haddocks in capture fisheries in Germany was a critical reference, showing a foundation for the growth forecasts from 2024 onwards. Over the projected period from 2024 to 2028, Germany’s production value is anticipated to increase steadily, with approximately a 4% year-on-year growth rate. This reflects a consistent upward trend, aligning with the sector’s positive momentum. The compound annual growth rate (CAGR) is expected to be close to 4%, indicating robust performance over five years.

Looking forward, several trends are key to monitor:

  • Impact of climate change on fish availability and capture efficiency.
  • Regulatory changes in European fisheries management and their potential impacts on production practices.
  • Technological advancements in fishing and processing that could enhance efficiency and value extraction from capture fisheries.
  • Market demand shifts influenced by consumer preferences towards sustainability.

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