In 2023, Germany's total finfish production for industrial processing stood at 1.85 thousand metric tons. Forecasts from 2024 to 2028 depict a progressive increase from 1.98 to 2.48 thousand metric tons, reflecting a steady upward trend. The year-on-year growth rates are notable: a 6.57% increase in 2025, 5.69% in 2026, 5.83% in 2027, and 5.08% in 2028. This showcases a compound annual growth rate (CAGR) of approximately 5.78% over the five-year period.
Future trends to watch for include:
- Technological advancements enhancing production efficiency.
- Emergence of sustainable fishing practices impacting output.
- Shifts in demand influenced by consumer preferences for fish-based products.
- Regulatory changes within the EU environmental legislation impacting fishing quotas.