In 2023, the production of frozen cods, hakes, and haddocks in Germany stood at 8.82 thousand metric tons. From 2024 to 2028, forecasts indicate a steady increase in production, starting at 8.85 thousand metric tons in 2024 and reaching 8.96 thousand metric tons by 2028. This represents an annual growth rate of approximately 0.34%. Over the five-year period, this reflects a compound annual growth rate (CAGR) of around 0.34%, indicating a cautious but steady upward trend.
Future trends to watch for include:
- Environmental regulations impacting capture fisheries and potentially influencing production capacities.
- Shifts in consumer demand for frozen fish products, potentially driven by health trends and sustainability concerns.
- Technological advancements in fishing and processing, possibly affecting efficiency and output levels.
- Trade policies within the EU that may alter market dynamics for import and export of frozen fish.