In 2023, the total production of Surmullets Red Mullets in Germany's capture fisheries stood at approximately 0.26 metric tons. Forecasts from 2024 indicate a continual decrease in production, dropping to 0.24 metric tons and further declining to 0.18 metric tons by 2028. This indicates significant year-on-year declines of 4.2% in 2025, 8.7% in 2026, 9.5% in 2027, and 5.3% in 2028. The compound annual growth rate (CAGR) over this five-year forecast period is negative, suggesting an average decrease of around 7% annually.
Future trends to watch for:
- Environmental factors impacting capture fisheries.
- Regulatory changes affecting fishing quotas and restrictions.
- Market demand fluctuations driven by consumer preferences or economic conditions.
- Technological advancements in sustainable fishing practices.