The sold production of frozen fish in the Netherlands experienced significant volatility between 2013 and 2023. The value saw major peaks and troughs, with notable fluctuations such as a 70.72% increase from 2013 to 2014, followed by a 24.78% decline in 2015. The years 2018 and 2019 marked a notable decrease in value and a subsequent recovery. By 2023, the value stood at 76.033 million Euros, demonstrating a modest annual increase of 0.63%. Over the last two years, the annual growth rate remained consistent at around 0.64%. The five-year CAGR averaged out at 3.94%, signaling a gradual recovery trend.
Forecasted data from 2024 to 2028 suggests a slowing growth pace with an annual CAGR of 0.48% and an overall growth rate of 2.41% over five years. This indicates a period of stabilization for the market, with steady but slow growth expected.
Future trends to watch for include potential market disruptions such as changes in regulatory policies, shifts in consumer preferences towards fresh or alternative protein sources, and advancements in freezing technologies that may impact production efficiency and costs.
