In 2023, the price of whole frozen rabbit fish production in capture fisheries in Germany stood at 9.80 Euros per metric ton. The forecast from 2024 to 2028 reveals a gradual decline in prices, decreasing from 9.72 Euros in 2024 to 9.42 Euros in 2028, signaling a consistent year-on-year reduction. The average annual decline, or CAGR, over these five years is approximately 0.8%.
Future trends to watch for include:
- Potential changes in demand for rabbit fish affecting pricing dynamics.
- Impact of sustainability practices and regulations on capture fisheries.
- Market shifts due to consumer preference towards alternative seafood options.
- The influence of technological advancements on production efficiency and cost.