The forecast for the total production of shrimps and prawns in Germany's capture fisheries shows a steady upward trend from 2024 to 2028. In 2023, production value stood at approximately 48.3 million Euros. The projected values indicate an overall increase with a compound annual growth rate (CAGR) of about 1.5% from 2024 to 2028. The year-on-year growth rates are stable, ranging from 1.6% to 1.8%, which suggests a consistent growth in production value over this period.
Future trends to watch for include:
- Environmental regulations impacting capture fisheries.
- Technological advancements in fishing techniques and equipment.
- Market demand fluctuations for seafood, particularly in Europe.
- Global climate change effects on marine biodiversity and fishery yields.
