In 2023, the production of frozen, gutted, and headed haddock in capture fisheries for human consumption in Germany was valued at €60.78 thousand. In 2024, forecasts estimate a value increase to €64.59 thousand, with subsequent years showing an upward trend: €69.07 thousand in 2025, €73.5 thousand in 2026, €77.89 thousand in 2027, and €82.24 thousand in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 6.1%, demonstrating consistent growth.
Future trends to watch for include:
- Potential changes in consumer demand driven by health trends or alternative protein sources.
- Regulatory changes affecting fishing practices and quotas that could impact supply.
- Technological advancements in fishing and processing that may reduce costs or increase production efficiency.
- Environmental factors that may influence haddock populations and availability.