In 2023, Germany’s fresh burbot production in capture fisheries for human consumption was valued at 3.98 thousand euros per metric ton. Forecasts indicate a steady increase from 2024, beginning with 4.06 thousand euros, reaching 4.40 thousand euros by 2028. Annually, this reflects an estimated year-on-year growth of approximately 2%, with a projected compound annual growth rate (CAGR) of around 2.03% over the five-year forecast period, pointing towards a consistent upward trend in valuation.
Future trends to watch for include:
- The influence of environmental policies and sustainability measures that may affect capture fisheries.
- Consumer shifts towards sustainable seafood which could increase demand.
- Global economic conditions impacting consumers' purchasing power and demand for premium seafood products like burbot.