The Northern Prawn production in Germany is projected to grow steadily from 2024 to 2028, with the volume expected to increase from 385.31 metric tons in 2024 to 472.84 metric tons by 2028. In 2023, the production was recorded at 363.54 metric tons, showing a substantial year-on-year growth trajectory. The annual growth rate stands at approximately 5.88% from 2024 to 2025 and 5.45% from 2025 to 2026. Between 2026 and 2027, this rate is about 5.03%, while from 2027 to 2028, it slows to 4.69%. The compound annual growth rate (CAGR) over the five-year period is hovering around 5.5%.
Future trends to watch for include:
- Potential impacts of climate change on prawn habitats and thus production levels.
- Shifts in consumer demand towards sustainable seafood, potentially affecting capture methods.
- Regulatory changes in fishing quotas aimed at achieving sustainable harvesting.
