In 2023, Germany's finfish production in capture fisheries for human consumption stood at a lower value than the forecasted figure for 2024. Over the forecast period (2024-2028), a gradual increase is projected, with values moving from 1.45 to 1.6 thousand euros per metric ton. This indicates a steady upward trend characterized by an average year-on-year rise of approximately 2.0% over the last two years. A five-year compound annual growth rate (CAGR) analysis shows an expected average annual increase of around 2.5% between 2024 and 2028.
Future trends to watch for include:
- Potential economic impacts from environmental sustainability initiatives.
- Technological advancements in fishing methods that could influence production efficiency.
- Changes in consumer preferences toward sustainable fish choices.