The forecast for Germany's capture fisheries production of frozen herrings, sardines, and anchovies for human consumption indicates a declining trend from 2024 to 2028. In 2023, the production value stood at 1.2 million euros. The year-on-year variations indicate a consistent decrease: approximately 12.8% from 2024 to 2025, 14.35% from 2025 to 2026, 16.45% from 2026 to 2027, and 19.28% from 2027 to 2028. The projected compound annual growth rate (CAGR) over this period represents an overall annual decrease, suggesting a reduced output over these years.
Future trends to monitor include:
- Environmental policies impacting fishing practices and quotas.
- Market demand shifts, influenced by consumer preferences for alternative protein sources.
- Technological advancements in sustainable fishing and processing methods.
- Economic factors affecting export competitiveness of German fisheries.