Forecast: Total Haddock Production in Capture Fisheries for Human Consumption in Germany

The total haddock production in capture fisheries for human consumption in Germany is forecasted to experience a steady increase from 4.36 thousand euros per metric ton in 2024 to 4.58 thousand euros per metric ton in 2028. In 2023, the value stood at 4.31 thousand euros per metric ton. The forecasted year-on-year growth signifies a consistent trend: a 1.15% increase from 2024 to 2025, a 1.36% rise from 2025 to 2026, a 1.12% increase from 2026 to 2027, and a 1.33% rise from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to stabilize around 1.24%.

Future trends to watch for include potential impacts from environmental policies, consumer preferences for sustainable fishery products, and any regulatory changes within the European Union affecting fishery management and production practices. Additionally, global market dynamics, such as supply chain resiliencies and international trade agreements, could also influence production levels and pricing.

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