Forecast: Whole Frozen Shrimps and Prawns Production in Capture Fisheries in Germany

In analyzing the forecast for whole frozen shrimps and prawns production in Germany's capture fisheries, production value is expected to increase from 4.22 thousand euros per metric ton in 2024 to 5.03 thousand euros per metric ton in 2028. The year-on-year growth rates are approximately 4.7% from 2024 to 2025 and 4.8% from 2025 to 2026, which indicates a steady upward trend.

The compound annual growth rate (CAGR) from 2024 to 2028 is roughly 4.4%, highlighting a consistent growth pattern in production value over this period. In 2023, the actual value was lower, underlining a positive market outlook moving forward.

Future trends to watch include:

  • Technological advancements in capture fisheries enhancing production efficiency.
  • Potential impacts of environmental policies on fishing quotas and sustainability efforts.
  • Fluctuations in global demand influencing international trade dynamics.

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