In 2023, the frozen seafood production in capture fisheries for human consumption in Germany stood at a value of approximately 8.2 thousand euros per metric ton. Over the forecasted period, from 2024 to 2028, an upward trend is observed, with values increasing from 9.6 to 15.18 thousand euros per metric ton. Year-on-year variations depict substantial growth rates: 14.69% (2025), 12.79% (2026), 11.11% (2027), and 10.00% (2028). The compound annual growth rate (CAGR) over the five years is projected at 12.09%.
Trends to watch:
- Potential impacts of climate change on capture fisheries supply.
- Technological advancements in freezing techniques enhancing quality and efficiency.
- Economic factors influencing seafood pricing and consumption patterns.
- Regulatory changes affecting the fishing industry's operations in the EU.