Forecast: Fresh Shrimp Production in Capture Fisheries for Human Consumption in Germany

In 2023, Germany's fresh shrimp production in capture fisheries for human consumption stood at a moderate level (exact values of 2023 are not specified here). For the upcoming years, forecasts predict a steady increase. Production is expected to rise from 161.67 metric tons in 2024, advancing annually to reach 219.77 metric tons by 2028. Year-on-year, shrimp production is anticipated to grow by approximately 9-10%, showcasing a positive upward trend. The compound annual growth rate (CAGR) over five years measures at an average of about 8%.

### Future Trends to Watch for:

  • Emphasis on sustainable fishing practices might impact production rates.
  • Technological advancements in fisheries can lead to more efficient shrimp harvesting.
  • Potential regulatory changes or trade policies in the EU impacting capture fisheries.
  • Consumer preferences shifting towards local or sustainably sourced seafood.

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