In 2023, Germany's whole fresh Atlantic cod production in capture fisheries stood as a baseline for the forecasted data. From 2024 to 2028, the production value is projected to increase from 76.33 thousand euros to 135.85 thousand euros. This indicates significant growth over the period with the year-on-year variations showcasing consistent increases of approximately 19.81% in 2025, 16.37% in 2026, 13.88% in 2027, and 12.11% in 2028. The forecasted compound annual growth rate (CAGR) for these years stands as a strong indicator of robust expansion in the sector.
Future trends to watch for include:
- Potential impacts of climate change affecting fish habitats.
- Regulatory changes in fishing quotas and environmental sustainability measures.
- Technological advancements in fishing and processing methods.
- Fluctuations in demand driven by consumer preferences for sustainable seafood options.
