The value added of fishing and aquaculture in Germany stood at 170 million Euros in 2023. Looking forward, the forecast data from 2024 to 2028 shows a consistent decline. The year-on-year variations between 2024 and 2028 indicate a shrinking industry, with percentage decreases reflecting this trend.
Year-on-year variations:
- 2025: -1.91%
- 2026: -1.92%
- 2027: -1.91%
- 2028: -1.91%
Compound Annual Growth Rate (CAGR) over the last five years: -1.95%
The industry demonstrates a steady downturn due to possibly increased regulatory measures, competition, and environmental challenges. Future trends to watch for include advancements in sustainable practices, technological innovations, and shifts in consumer preferences towards sustainable seafood options.
