In 2023, the production value of whole fresh shrimps and prawns in Germany's capture fisheries stood at approximately €780,000. The forecast shows significant growth in this sector, with the value expected to rise to €866,870 in 2024 and continuing to increase annually, reaching €1,282,100 by 2028. The year-on-year growth rates from 2024 to 2028 indicate strong upward trends: about 12.15% from 2024 to 2025, 10.74% from 2025 to 2026, 9.57% from 2026 to 2027, and 8.65% from 2027 to 2028. The compound annual growth rate over these five years is approximately 12.89%.
Future trends to watch for include the impact of sustainable fishing practices on production volumes, potential shifts in consumer demand due to health and environmental awareness, and the effects of economic factors such as inflation and changes in supply chain dynamics on market prices and profitability.
