In 2023, the gutted fresh brill production in capture fisheries in Germany was recorded at 20.08 thousand Euros. The forecast for 2024 shows a decrease to 18.29 thousand Euros, marking an 8.9% year-on-year decline. This downward trend continues through to 2028, with an anticipated value of 10.9 thousand Euros, averaging a year-on-year decline of approximately 10% over this period. A compound annual growth rate (CAGR) analysis reveals a negative growth rate of approximately 11.48% annually from 2024 to 2028, indicating a significant contraction in market value.
Future trends to observe include:
- Potential impact of sustainable fishing practices that could stabilize or reverse declining trends.
- Market adaptations to changing consumer preferences for seafood.
- Economic policies or global factors affecting capture fisheries dynamics.