The forecast for frozen seafood production in Germany's capture fisheries for human consumption indicates a consistent decline from 2024 through 2028. In 2023, production stood at approximately 13.06 thousand metric tons. Year-on-year percentage variations show a decline of approximately 9.2% in 2025, 10.0% in 2026, 11.0% in 2027, and 12.2% in 2028. The compound annual growth rate (CAGR) highlights an average annual decline of around 10.4% over the five-year forecast period. This declining trend potentially reflects pressures from overfishing, environmental regulations, and shifting consumer demands.
Future trends to watch for include:
- Implementation of sustainable fishing practices that could stabilize production.
- Increased demand for alternative seafood sources like aquaculture.
- Potential impacts of climate change on marine ecosystems affecting fish stocks.
- Evolving consumer preferences towards plant-based seafood alternatives.