The freshwater fish market in Germany stood at approximately 357.78 thousand metric tons in 2023. The market has shown fluctuations over the years, with significant drops in 2015 and 2020 but temporary recoveries in 2016 and 2021. The year-on-year variation indicates mild declines interspersed with recovery periods. Notably, the market dipped by 17.41% in 2020 and bounced back by 13.91% in 2021. From 2019 to 2023, the compound annual growth rate (CAGR) averaged at -0.41%, highlighting a subtle shrinking trend.
Looking ahead, the market is expected to continue its slight downward trend with a forecasted CAGR of -0.38% from 2024 to 2028, resulting in an overall volume reduction of about 1.89% over this five-year span.
Future trends to watch for:
- Potential impacts of climate change on fish habitats.
- Advancements in aquaculture and sustainable fishing practices.
- Shifts in consumer preferences towards alternative protein sources.
- Regulatory changes affecting the fishing industry.
- Increases in import and export activities.
