The forecast for European sprat production in Germany from 2024 to 2028 indicates a steady upward trend. Starting from 4.28 thousand metric tons in 2024, it is expected to grow to 4.94 thousand metric tons by 2028. This reflects a consistent year-on-year increase, with production rising by approximately 3.97% annually. Compared to the 2023 baseline, this showcases a progressive upward trajectory. The compound annual growth rate (CAGR) over the forecast period is estimated at around 3.97% per year.
Future trends to watch for include potential impacts of environmental policies on fisheries, economic shifts affecting demand, and advancements in sustainable fishing practices that might influence production capacities and strategies.
