In 2023, cooked shrimp production in capture fisheries in Germany was valued at 45.76 million Euros. Forecasts for 2024 to 2028 show a gradual increase in production value, starting at 46.121 million Euros in 2024 and reaching 47.501 million Euros by 2028. From 2024 onwards, year-on-year growth rates are steady, with slight increases translating to a compound annual growth rate (CAGR) of approximately 0.73% over these years.
Future trends to watch for include:
- Sustainability practices in fisheries that might impact capture rates and costs.
- Regulatory changes within the EU affecting fishing quotas.
- Potential shifts in consumer preferences towards locally-sourced seafood.
- Technological advancements in fishery operations.
- Impact of climate change on marine ecosystems.