In 2023, the production of sharks, rays, and chimaeras for human consumption in Germany stood at 2.40 thousand euros. From 2024 to 2028, a declining trend is observed in value terms, with a year-on-year decrease of around 1% annually. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately -1.2%.
Future trends to watch for:
- Potential regulatory changes in capture fisheries could further impact production values.
- Environmental advocacy and consumer awareness might influence demand and market dynamics.
- Technological advancements in fishing practices could alter production efficiency and economic viability.