In 2023, the whole fresh herrings, sardines, and anchovies production in capture fisheries for industrial processing in Germany stood at a value rate of around 235 Euros per metric ton. The forecast shows a year-on-year increase of approximately 3.85% in 2024, followed by an average annual growth rate (CAGR) of about 3.5% from 2024 to 2028. This steady increase reflects a growing demand or improved efficiencies in processing over these years.
Future trends to watch for include:
- Potential impacts of climate change on fish stocks, which could affect supply chain stability.
- Technological advancements in capture fisheries that may influence production costs and efficiency.
- Regulatory changes in EU fishing policies that could impact production limits or processing standards.