Forecast: Total European Plaice Production in Capture Fisheries for Industrial Processing in Germany

The forecast for European Plaice production in capture fisheries for industrial processing in Germany shows a steady increase from 2024 to 2028. Starting at 5.76 Metric Tons in 2024, it reaches 7.45 Metric Tons by 2028. There are no actual figures available for 2023 for direct comparison. Year-on-year, the projected increases are between 6% and 7% annually. Over the five-year period, this results in a compound annual growth rate (CAGR) of approximately 6.5%.

Future trends to watch include:

  • Potential changes in fishing regulations impacting quotas and production levels.
  • Climate change effects on marine ecosystems influencing plaice availability.
  • Technological advancements in fishing methods potentially improving yields.
  • Economic factors such as demand fluctuations for industrial processing.

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