In 2023, the production value of shrimps and prawns in Germany's capture fisheries was estimated. From 2024 to 2028, the forecast shows a gradual increase in value from 5.45 to 5.92 thousand euros per metric ton. Year-on-year variations from 2024 to 2028 indicate a steady progression with an annual growth rate of approximately 2.2%. This reflects an optimistic trend driven by increased demand and possible efficiency gains in production.
Future trends to watch for include:
- Impact of sustainable fishing practices on production costs and market value.
- Changes in consumer preferences towards sustainable seafood options.
- Potential disruptions from climate change affecting shrimp and prawn ecosystems.
- Regulatory developments influencing the capture fisheries sector.