The production of wolffishes and catfishes in Germany's capture fisheries is forecasted to grow steadily from 2024 to 2028. Starting at 94.02 thousand euros in 2024, it is projected to reach 126.29 thousand euros by 2028. This represents a compound annual growth rate (CAGR) of approximately 7.5% over the five-year forecast period.
Year-on-year growth is expected to be consistent, showing:
- 2025: 8.7%
- 2026: 7.9%
- 2027: 7.3%
- 2028: 6.7%
2023 figures for comparison are not provided, making it challenging to establish baseline trends. However, the forecast depicts a robust growth trajectory, suggesting increased demand or improved capture techniques.
Moving forward, trends to watch include advancements in sustainable fishing practices, regulatory changes in the EU, and climate change impacts on marine biodiversity. These factors could greatly influence production levels and economic viability.
