Forecast: Frozen European Hake Production in Capture Fisheries in Germany

In 2023, the frozen European hake production in capture fisheries in Germany stood at approximately 11.70 metric tons. The forecast from 2024 to 2028 shows a steady increase, with the value reaching 14.05 metric tons by 2028. This represents an annual growth rate projecting an average increase of 1.88% each year over the forecast period.

- From 2024 to 2025, the production is expected to rise by 3.86%.

- From 2025 to 2026, a 3.72% growth is anticipated.

- From 2026 to 2027, an increase of 3.58% is predicted.

- Finally, a 3.46% rise is forecasted from 2027 to 2028.

Future trends to watch include the potential impacts of climate change on fish populations, regulatory changes on fishing quotas, and advancements in sustainable fishing practices that might influence production dynamics in capture fisheries.

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