The forecasted data for cooked shrimp production in Germany's capture fisheries for industrial processing shows a declining trend from 2024 to 2028. Starting at 474.55 metric tons in 2024, production is expected to decrease each year, reaching 311.31 metric tons by 2028. This reflects a concerning year-on-year percentage decrease in production capacity. Unfortunately, data for the year 2023 is unavailable for context. However, the Compound Annual Growth Rate (CAGR) over the five-year period illustrates an average decline, indicating a consistent downward trend in production volume.
Future trends to watch for include:
- Potential impacts of environmental and regulatory changes on capture fisheries.
- Technological advancements that could improve production efficiency or sustainability.
- Shifts in consumer demand toward sustainably sourced seafood.