The fresh shrimp production in capture fisheries for human consumption in Germany is projected to grow from 2024 to 2028, starting at 734.1 thousand Euros in 2024 and reaching 1,017.6 thousand Euros by 2028. When considering historical data, the 2023 production value is essential to calculate the percentage variations accurately, which will highlight the growth trajectory over the specified period. The projected compound annual growth rate (CAGR) over these five years will provide insights into the average annual increase in shrimp production value.
Looking forward, trends to watch for include:
- Technological advancements in sustainable fishing and processing.
- Changes in consumer preferences towards more environmentally friendly seafood options.
- The potential impact of economic and regulatory changes on production and market dynamics.
- Environmental factors affecting shrimp habitats and capture fishery yields.
