The import of flours, meals, and pellets of fish for human consumption to Germany shows a consistent downward trend from 2024 to 2028. Starting from a forecasted value of 238.02 thousand USD in 2024, the imports are expected to decrease to 159.83 thousand USD by 2028. This represents an approximate decline of 7.08% on a year-on-year basis. Looking at the entire period, the compound annual growth rate (CAGR) indicates a reduction in imports by about 10.34% annually. In comparison, the import value for 2023 stood at a higher level, marking the beginning of this declining trend.
Future trends to watch:
- Potential changes in dietary preferences influencing demand for fish-related products.
- Shifts in trade policies or tariffs affecting import dynamics.
- Advancements in alternative protein sources could impact the import levels.
- Environmental factors or sustainability initiatives potentially altering the market landscape.