In 2023, the production value of frozen, gutted, and headed seafood in Germany was significantly below the forecasted 2024 value of 1.5229 million euros. From 2024 to 2028, the forecasted production value shows a consistent increase, beginning with a growth of 3.1% from 2024 to 2025, and continuing with annual incremental rises: 2.9% in 2026, 2.8% in 2027, and 2.7% in 2028. The compound annual growth rate (CAGR) over this period is 2.9%, reflecting a stable and sustained growth trend in the industry.
Future trends to watch:
- Impact of changes in EU fisheries policies on capture fisheries
- Advancements in sustainable fishing technologies
- Fluctuations in demand due to dietary shifts or economic factors
- Trading conditions post-Brexit, affecting seafood imports and exports
