Forecast: Fresh Cods, Hakes and Haddocks Production in Capture Fisheries for Industrial Processing in Germany

In 2023, the production of fresh cods, hakes, and haddocks in capture fisheries for industrial processing in Germany stood at €15.00 per metric ton. From 2024 onward, a strong upward trend is forecasted, with expected increases to €19.97, €24.78, €29.51, €34.17, and €38.75 by 2028. This reflects steady growth with a notable compound annual growth rate (CAGR) over the five-year period. Annually, there will be substantial percentage increases, showcasing strong market growth and demand surges.

Future trends to watch for include:

  • Environmental impact assessments and sustainability of fishing practices.
  • Technological advancements in fishing techniques and processing.
  • Policy changes in fishing quotas and trade regulations.
  • Market demand fluctuations driven by consumer preferences and global economic factors.
  • Collaborations or conflicts within the EU regarding fishery management and standards.

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