In 2023, the total Atlantic cod production in capture fisheries in Germany reached 7.15 Thousand Euros Per Metric Ton. From 2024, the forecast predicts a consistent increase in value year-on-year: 11% in 2024-2025, 9.8% in 2025-2026, 8.9% in 2026-2027, and 8% in 2027-2028. The compounded annual growth rate (CAGR) over the five-year period stands at 9.8%. These figures indicate a continuous upward trend in production value.
Future trends to watch for:
- Impact of environmental regulations on fishing quotas
- Technological advancements in sustainable fishing practices
- Market demand fluctuations driven by consumer preferences for sustainable seafood
- Potential effects of climate change on cod populations and habitat
