The production value of whole fresh crustaceans in capture fisheries in Germany has shown significant variability over the past decade. From 2013 to 2023, values have fluctuated, peaking notably in 2022 at 9.27 thousand euros per metric ton, and seeing a slight decline of 4.63% to 8.84 thousand euros per metric ton in 2023. The Compound Annual Growth Rate (CAGR) over the last five years to 2023 was 7.72%, indicating a positive growth trajectory despite some year-on-year volatility.
Key trends observed:
- 2016 saw a notable increase of 27.85% compared to the previous year.
- A significant drop occurred in 2019 by 43.99%, followed by a recovery phase in subsequent years.
- The highest year-on-year increase was 82.61% in 2021.
- From 2020-2023, there was a general upward trend, culminating in strong production values.
Future trends to watch for include:
- Forecasts project continued growth, with the value expected to reach 10.48 thousand euros per metric ton by 2028.
- A steady CAGR of 2.7% over the next five years suggests moderate but consistent progress.
- Economic, environmental, and regulatory factors could significantly impact production values and should be monitored closely.
