The wages and salaries in the seafood sector in Germany are anticipated to gradually increase from 2024 to 2028. Starting at 74 million Euros in 2024, this figure reflects a stable forecast for both 2024 and 2025. A modest growth is projected with an increase to 75 million Euros in 2026, 76 million Euros in 2027, and reaching 77 million Euros by 2028. This pattern indicates an annual growth rate, or CAGR, of approximately 1.3% over the forecasted period. Comparative to 2023, where figures stood around 73 million Euros, this forecast demonstrates a consistent upward trend.

Future trends to watch for:

Monitoring economic policies impacting labor costs in the seafood industry.
Technological advances that could influence wage structures through automation.
Environmental policies influencing seafood demand and associated industry wages.
Global market trends affecting seafood imports and exports which may impact labor demands.