The import value of fresh or chilled live cuttlefish and squid to Germany in 2023 was approximately 7.1000 million US dollars. The forecast from 2024 to 2028 shows a gradual increase from 7.2368 million in 2024 to 7.8072 million in 2028. The year-on-year growth rates indicate a consistent upward trend, with increases of 2.03% from 2024 to 2025, and approximately 1.95% annually thereafter. The 5-year Compound Annual Growth Rate (CAGR) from 2024 to 2028 is around 1.90%.
Future trends to watch for include:
- Changes in global fishing supply chains due to environmental regulations.
- Consumer preferences shifting towards sustainable seafood sources.
- Economic factors like currency fluctuations impacting import costs.
