In 2023, Germany's filleted fresh finfish production in capture fisheries was recorded at 9.33 thousand Euros per metric ton. Forecasts for 2024 indicate a declining trend, with values decreasing each subsequent year to 7.91 by 2028. The year-on-year variation observed suggests a steady reduction: -3.21% from 2024 to 2025, -3.20% from 2025 to 2026, -3.30% from 2026 to 2027, and -3.42% from 2027 to 2028. The compound annual growth rate (CAGR) for this period is a negative -3.28%, highlighting an ongoing challenging scenario for the industry.
Future trends to watch include:
- Adoption of sustainable fishing practices that might influence production costs and pricing.
- Innovations in aquaculture that could impact capture fisheries production levels.
- Changing consumer preferences towards plant-based alternatives and their economic implications.
- Policy changes related to fishing quotas and environmental regulations affecting production capabilities.
