In 2024, the production of gutted frozen flounders, halibuts, and soles in Germany's capture fisheries is projected to be 4.94 metric tons. This represents a decline from the actual 2023 level, indicating a downward trend in production. Year-on-year, there is a consistent decrease of approximately 1.2%, leading to a continuous dip in output through 2028. The compound annual growth rate (CAGR) over the forecast period is -1%. This trend suggests reduced supply due to potentially declining fish stocks or shifts in market demand.
Future trends to monitor include:
- Changes in fishing regulations and quotas that might impact production volumes.
- Technological advancements in sustainable fishing practices and their adoption in Germany.
- Market demand fluctuations influenced by consumer preferences towards sustainable seafood options.