The forecast for shark, ray, and chimaera production in capture fisheries for human consumption in Germany shows a steady increase from 2024 to 2028. In 2023, the production was documented as actual data, setting the baseline for subsequent years' forecasts.
The year-on-year growth from 2024 to 2025 is approximately 4.96%, and from 2025 to 2026, it stands at 4.65%. The growth continues with a 4.44% increase between 2026 and 2027 and a 4.17% rise from 2027 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects steady growth in production volume.
Future trends to watch:
- Plausible implications of climate change on marine biodiversity and fish populations.
- Potential regulations and sustainability initiatives affecting fishing practices.
- Advancements in fishing technology that could impact production levels.