The forecast for live fish imports to Germany shows a consistent decline from 2024 onwards. In 2023, the actual imports stood at $63.879 million. Starting in 2024, the market is expected to diminish by roughly 1.1% annually, with a projected value of $63.326 million. This declining trend continues through 2028, with annual decreases ranging near 1.8%, ultimately reaching $60.594 million. Over the five-year period, the compound annual growth rate (CAGR) stands at a negative value, indicating a gradual reduction in imports.
Future trends to watch for:
- Environmental and sustainability regulations impacting import levels.
- Potential shifts in consumer preferences toward local or alternative seafood sources.
- Currency exchange rate fluctuations affecting import costs.
- Geopolitical factors influencing trade dynamics.
