In 2023, the value for frozen herrings, sardines, and anchovies production in capture fisheries for human consumption in Germany stood at a certain level. From 2024 to 2028, the forecasted value shows a consistent annual increase. The year-on-year growth rates are projected as follows:
- 2024: N/A
- 2025: 1.49%
- 2026: 1.44%
- 2027: 1.38%
- 2028: 1.34%
The compound annual growth rate (CAGR) over the 2024 to 2028 period is estimated at 1.41%.
Future trends to watch include the impact of environmental policies, changes in international trade agreements, advancements in sustainable fishing practices, and shifts in consumer preferences towards alternative protein sources. These factors could significantly influence the capture fisheries industry in Germany, potentially affecting production volumes and values.
