The forecast for the fresh European Plaice production in capture fisheries for industrial processing in Germany shows a steady increase in value from 2024 to 2028. In 2023, the production value stood at EUR 445 million. The year-on-year percentage growth is notable, with production values increasing by 2.02% in 2025, 1.73% in 2026, 1.50% in 2027, and 1.30% in 2028. The compound annual growth rate (CAGR) over five years is approximately 1.75%, indicating a continuous upward trend in production values.
Future trends to watch for:
- Potential market shifts impacting plaice demand and industry expansion.
- Environmental and regulatory changes affecting capture fisheries.
- Technological advancements in industrial processing improving efficiency and sustainability.