The forecast for gutted fresh seafood production in capture fisheries in Germany shows a consistent decline from 2024 to 2028, with values dropping from 4.7275 million euros in 2024 to 3.1898 million euros in 2028. For context, in 2023, this segment was valued at a similar level prior to forecasting, indicating a downward trend. Year-on-year percentage variations illustrate a consistent negative trend, suggesting challenges in the sector. The five-year compounded annual growth rate (CAGR) highlights an average annual decline in production value.
Future trends to watch for include:
- Impact of regulatory changes impacting fishing quotas and environmental sustainability.
- Consumer demand shifts towards sustainable seafood options and alternative protein sources.
- Technological advancements in fishing practices that could enhance efficiency and potentially alter production dynamics.