In 2023, the value of Fresh Saithe Pollock production for industrial processing in Germany was €11.6 per metric ton. Forecast data from 2024 to 2028 displays a consistent upward trend, starting at €11.6 in 2024 and reaching €11.86 by 2028, indicating a compound annual growth rate (CAGR) of approximately 0.56%. The year-on-year growth is steady, slight increases each year by 0.52% in 2025, and similarly for the subsequent years, reflecting a stable market environment.
Future trends to watch for include:
- Potential impacts of environmental regulations on fishery practices.
- Changes in consumer demand for sustainable seafood options.
- Economic conditions that might affect production costs and prices.
- Technological advancements in industrial processing that could improve efficiencies.