Forecast: Whole Fresh European Sprat Production in Capture Fisheries in Germany

The forecast for whole fresh European sprat production in capture fisheries in Germany from 2024 to 2028 indicates a steady increase in value, measured in euros per metric ton. The value rises from 258.09 EUR in 2024 to 272.18 EUR in 2028. This suggests a positive year-on-year percentage growth, approximately 1.5% annually. The compound annual growth rate (CAGR) over this period is about 1.35%.

Future trends to watch for:

  • Impact of climate change on marine ecosystems, potentially affecting sprat populations.
  • Policy changes in European fisheries management which could influence production volumes and market prices.
  • Growing demand or alternative market factors impacting the economic value of the sprat industry.

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