In 2023, fresh cods, hakes, and haddocks production in capture fisheries for industrial processing in Germany was valued at 1.57 thousand euros. Forecasts for 2024 show a slight increase to 1.61 thousand euros. As we look further, the industry expects a steady growth pattern, reaching 1.79 thousand euros by 2028. This reflects modest year-over-year growth rates between 3% and 2.4% from 2024 to 2028, with the compound annual growth rate (CAGR) averaging approximately 2.7% over five years.
Future trends to watch include potential impacts of regulatory changes on fishing quotas and environmental sustainability practices. Advances in processing technology and shifts in consumer demand for seafood products could also influence future production levels.
