The import of fresh or chilled sardines, brisling, and sprats to Germany is expected to steadily decline from 2024 to 2028, with a forecasted Compound Annual Growth Rate (CAGR) of approximately -2.8%. This downward trend begins from a starting value of $632.6 thousand in 2024, decreasing yearly to $562.89 thousand by 2028. In 2023, the import value stood at higher levels, which indicates the forecasted decline is notable.
Future trends to watch for include:
- Potential shifts in consumer preferences towards alternative sources of protein, which could influence demand.
- Trade policy changes in Europe that may affect import costs and volumes.
- Sustainability and environmental considerations, as these can impact both supply chain dynamics and consumer demand.
- Economic fluctuations in Germany that could alter purchasing power and import levels.
