In 2023, Germany's production of frozen, filleted cods, hakes, and haddocks in capture fisheries stood below the 5.66 thousand metric tons projected for 2024. Between 2024 and 2028, a steady increase in production is anticipated, with annual growth rates of approximately 2.65% year-on-year. The compounded annual growth rate (CAGR) over this five-year period is projected to be moderate, showing consistent demand and efficient capture fisheries operations.
Looking forward, several factors could influence these trends:
- Sustainable fishing practices could impact production levels, either constraining growth or enhancing it through better resource management.
- Changes in consumer preferences and environmental concerns might lead to shifts in demand for certain fish types.
- Emerging technologies in processing and storage can optimize supply chains, affecting production volume and efficiency.