In 2023, fresh European sprat production in Germany's capture fisheries stood at 3.76 thousand metric tons. The forecast for 2024 is 3.92 thousand metric tons, growing 4.3% from the previous year. Subsequent years indicate steady growth: 2025 (4.07, +3.8%), 2026 (4.22, +3.7%), 2027 (4.36, +3.3%), and 2028 (4.5, +3.2%). These data points suggest a compound annual growth rate (CAGR) of 3.66% over the forecast period.
Future trends to watch for include:
- Potential fluctuations in European fishery policies impacting production.
- Environmental changes affecting sprat habitats.
- Technological advancements in sustainable fishing methods.