Forecast: Whole Frozen Sharks, Rays, Chimaeras Production in Capture Fisheries for Human Consumption in Germany

In 2023, the production value for whole frozen sharks, rays, and chimaeras in Germany was higher than the 2024 forecast of Euros 65.76 per metric ton. Forecasts show a decreasing trend with values projected to drop substantially, reaching Euros 11.52 by 2028. The year-on-year decrease is notable, showing reductions of approximately 21% from 2024 to 2025, and continuing this trajectory each year. The compound annual growth rate (CAGR) for 2024 to 2028 forecasts a negative shift, reflecting a strong downward trend in production value.

Future trends to watch for include:

  • Increased regulatory measures on fishing practices, potentially impacting supply.
  • Changes in consumer preferences towards sustainable seafood alternatives.
  • Global market conditions and their influence on import/export dynamics.

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