In 2023, the production of frozen, gutted, and headed Blue Ling in Germany for human consumption was projected to decline. The forecast for 2024 estimates production at 1.57 metric tons, with a steady decrease projected over the next five years to 0.9 metric tons by 2028. This reflects a significant year-on-year decline of approximately 14.65% from 2024 to 2028. The compound annual growth rate (CAGR) indicates an average decrease of 14.14% per year over this five-year period.
Future trends to watch for include:
- Shifts in consumer preferences that might impact demand for locally sourced fish products.
- Regulatory changes in fisheries management that could influence supply chains.
- Potential advancements in sustainable fishing practices and technology, improving efficiency.
- Environmental factors such as climate change affecting marine habitats and fish availability.