Forecast: Fresh Crustaceans Production in Capture Fisheries in Germany

In 2023, the production of fresh crustaceans in Germany's capture fisheries was recorded at approximately 1.67 million euros. Forecasted data from 2024 to 2028 indicate a steady increase, reaching 2.1915 million euros by 2028. This reflects a consistent year-on-year growth between 5.5% and 5.7%, with an average compound annual growth rate (CAGR) of about 5.6% over the five-year forecast period. These figures suggest a robust upward trend in the industry, driven potentially by rising demand, improved capture techniques, or favorable market conditions.

Future trends to watch for:

  • Impact of environmental regulations on capture practices.
  • Influence of consumer preference shifts toward sustainable seafood.
  • Economic factors affecting consumer spending capacity on luxury foods.
  • Potential technological advancements in fisheries affecting yield and efficiency.

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