In 2023, the value for fresh squids, cuttlefishes, and octopuses production in Germany's capture fisheries was below 3.17 thousand euros per metric ton. Starting from 2024, the forecast indicates a steady increase, with values rising from 3.17 to 3.32 thousand euros per metric ton by 2028. The year-on-year variations hover consistently around a 1.26% increase. Over the forecasted period, the compound annual growth rate (CAGR) reflects a stable upward trend, signaling a positive outlook in the industry.
In terms of future trends, it will be important to monitor factors such as changes in environmental regulations, technological advancements in fishing methods, and shifts in consumer demand, as these could significantly impact the production and pricing of cephalopods in Germany's capture fisheries sector.
