The production of whole fresh squids, cuttlefishes, and octopuses in capture fisheries for human consumption in Germany is projected to grow steadily from 2024 to 2028. With values forecasted from €1.92 thousand in 2024 to €2.13 thousand in 2028, the production shows a moderate annual growth trend.
- The year-on-year growth from 2024 to 2025 is 2.60%.
- From 2025 to 2026, the growth continues at 3.05%.
- The period from 2026 to 2027 shows a growth rate of 2.46%.
- Between 2027 and 2028, the increase is 2.40%.
The compound annual growth rate (CAGR) over this five-year forecast period is approximately 2.66%, reflecting a sustained increase in production value.
Looking ahead, factors such as changes in environmental regulations, consumer demand for sustainable seafood, and evolving fishing technologies could impact production trends. Monitoring these factors will be crucial in understanding and predicting future shifts in the industry.
