The fishing vessel count in Germany is forecasted to decline gradually from 1.22 thousand in 2024 to 1.16 thousand by 2028. In 2023, there were approximately 1.24 thousand vessels. This signifies a year-on-year decline of about 1.64% from 2023 to 2024. The compound annual growth rate (CAGR) over the five-year forecast period is approximately -1.24%, indicating a consistent downward trend.
Future trends to watch for include:
- Impacts of sustainable fishing policies and technological advancements on fleet size.
- Economic factors influencing the fishing industry's capacity and operational dynamics.
- Environmental regulations potentially accelerating the reduction in vessel numbers.