In 2023, the actual production of prepared or preserved fish in Germany was 287 million kilograms. The forecast data from 2024 to 2028 shows a downward trend, with production expected to decrease from 280.44 million kilograms in 2024 to 251.6 million kilograms by 2028. The year-on-year percentage decline highlights consistent reductions, averaging around 2.6% per year during this period. The Compound Annual Growth Rate (CAGR) over these five years indicates a steady but gradual decline in production levels.
Future trends to watch for include:
- Shifts in consumer preferences towards alternative protein sources.
- The impact of sustainable fishing practices on production volumes.
- Economic factors such as inflation and cost of raw materials affecting production efficiency.
- Potential policy changes in the EU regarding seafood importation and production.