The frozen fish fillets market in Germany has shown a declining trend over the past decade, with the volume steadily decreasing from 247.94 million kilograms in 2013 to 182.87 million kilograms in 2023. The overall market consistently contracted, with a year-on-year variation of -4.06% in 2023. Specifically, the market saw an average annual decline of 4.05% over the last five years.
Looking ahead, forecasts from 2024 to 2028 predict continued contraction, with a five-year compound annual growth rate (CAGR) of -3.67% and an overall forecasted decline of 17.04%.
Trends to Watch:
- Shifts in consumer preferences towards fresh or plant-based alternatives.
- Impact of sustainable fishing practices and eco-labelling on consumer choices.
- Regulations and trade policies affecting import and export dynamics.
- Technological advancements in preservation and processing that might rejuvenate market demand.