In 2023, the frozen rabbit fish production in capture fisheries in Germany stood at 8.45 Euros per metric ton. The forecast sees a declining trend from 2024 to 2028, with values dropping progressively from 8.12 Euros per metric ton to 6.14 Euros. The year-on-year percentage decrease indicates a consistent drop ranging from 8.3% in 2024 to 5.3% in 2028. This steady decline results in a five-year compound annual growth rate (CAGR) of approximately -6.15%.
Future trends to watch for:
- Environmental policies impacting the fishery sector.
- Changes in consumer preference towards alternative sources of protein.
- Technological advancements in aquaculture possibly affecting capture fisheries.
- Economic conditions in Germany influencing the entire fisheries market.