In 2023, whole fresh cods, hakes, and haddocks production for industrial processing in Germany stood at 60 metric tons. The projections from 2024 to 2028 indicate a steady increase, starting from 62.25 metric tons in 2024 to 73.42 metric tons in 2028. This represents a compound annual growth rate (CAGR) of approximately 4.18% over the five-year period. Year-on-year growth rates include 4.5% from 2024 to 2025, 4.3% from 2025 to 2026, 4.1% from 2026 to 2027, and 3.9% from 2027 to 2028, highlighting a deceleration in growth rates as the forecast advances.
Looking forward, factors to monitor include advancements in sustainable fishing practices and potential regulatory impacts on the fishing industry, which could influence both the supply and demand dynamics in the market.
