In 2023, Germany imported approximately 535.00 thousand kilograms of frozen whole hake. Forecasts from 2024 to 2028 indicate a steady decline in imports, decreasing from 522.07 thousand kilograms in 2024 to 477.32 thousand kilograms in 2028. This represents a year-over-year decrease of approximately 2% and a compound annual growth rate (CAGR) of around -2.2% over the forecasted period, reflecting a consistent downward trend in import volume.
Future trends to watch for include:
- Potential changes in consumer preferences towards different seafood options.
- Fluctuations in global hake supply and its impact on import volumes.
- Regulatory changes in trade policies that may affect import dynamics.
- Sustainability initiatives impacting fishing practices and supply chain decisions.