Forecast: Gutted Fresh European Plaice Production in Capture Fisheries in Germany

The production forecast for gutted fresh European plaice in Germany's capture fisheries indicates a downward trend from 2024 to 2028. Starting from 313.6 metric tons in 2024, the production is expected to decrease each year to 287.75 metric tons by 2028. This represents a steady decline in the production volume, with year-on-year decreases observed across each subsequent year.

Considering the average annual change, there's a consistent negative Compound Annual Growth Rate (CAGR), emphasizing sustained reductions over the five-year forecast period. This trend suggests a potential challenge for the industry as it faces a declining output.

Future trends to monitor include:

  • Impact of environmental regulations and sustainability practices.
  • Changes in consumer demand and preferences for European plaice.
  • Technological advancements in fishing and processing methods.
  • Global supply chain and market dynamics influencing prices and availability.

Top Countries about Wild Fisheries