The forecast for live, fresh, or chilled cuttlefish and squid imports to Germany shows a steady increase from 2024 to 2028, beginning at 3.9176 million US dollars in 2024 and reaching 4.0477 million US dollars by 2028. As of 2023, the imports stood at 3.885 million US dollars, marking a consistent upward trend. The year-on-year growth rate is approximately 0.8% to 1.1% annually over the observed period. Over the five-year horizon, the compound annual growth rate (CAGR) averages around 1.04%, highlighting a stable increase in demand.
Future trends to watch for include potential impacts from fluctuating exchange rates, changes in consumer preferences towards sustainable seafood options, regulatory shifts regarding seafood imports, and the effect of advancements in aquaculture technology on market dynamics.
