In Germany, the forecasted production values for frozen, gutted, and headed flounders, halibuts, and soles in the capture fisheries sector for human consumption demonstrate a declining trend from 2024 to 2028. Starting in 2024 with a value of 1.11 thousand euros per metric ton, a consistent year-on-year decrease is observed, with values dropping to approximately 0.891 thousand euros per metric ton by 2028. The compound annual growth rate (CAGR) over these five years indicates a decreasing average trend in production value.
Future trends to watch for include:
- Potential changes in consumer preference towards sustainable fisheries, which might influence production processes.
- The impact of climate change on the supply and distribution of these species affecting production volumes and prices.
- Regulatory changes aimed at conserving marine life that could further impact production outputs.