In 2023, the production of gutted fresh European plaice in capture fisheries for human consumption in Germany was estimated at a volume marginally higher than that forecasted for 2024. The forecast data from 2024 to 2028 indicates a consistent annual decrease. The year-over-year variations suggest a declining trend with reductions of approximately 1% annually. The compound annual growth rate (CAGR) over this period reflects a modest negative trend.
Trends to watch:
- Increasing sustainability pressures could impact capture production volumes.
- Potential regulatory changes in the EU fisheries policy.
- Shifts in consumer demand towards sustainable seafood choices could affect market dynamics.
- Technological advancements in aquaculture could alter traditional fisheries’ market share.