In 2023, Germany's import of live fish stood at 58.9 million US dollars. The forecasted data from 2024 to 2028 shows a slight year-on-year decline in the import value, with a projection of 58.559 million US dollars in 2024 decreasing to 56.201 million US dollars by 2028. The average compound annual growth rate (CAGR) over the five-year forecast period reflects a gradual downturn. This trend suggests a diminishing demand for live fish imports or potential increases in domestic production substituting imports, affecting the overall market value.
Future trends to watch for include potential impacts from shifts in consumer preferences towards sustainable seafood, advances in aquaculture technology, and changes in global trade policies affecting import regulations. Economic factors like currency fluctuations and trade agreements will also play crucial roles in shaping the market dynamics.
