Forecast: Cooked Shrimp Production in Capture Fisheries in Germany

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.

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