In 2023, the production of frozen sharks, rays, and chimaeras for human consumption in Germany stood at 0.67 metric tons. Forecasts for 2024 to 2028 indicate a declining trend, with production projected to decrease from 0.59 metric tons in 2024 to 0.28 metric tons in 2028. The year-on-year percentage variation shows continual decreases, highlighting an ongoing downtrend in the sector. The forecasted compound annual growth rate (CAGR) from 2024 to 2028 is negative, reinforcing the contraction trend in production volume.
Future trends to watch for include:
- Environmental concerns possibly influencing capture fisheries.
- Changes in consumer preferences which may impact demand.
- Regulatory shifts aimed at conservation efforts.
