The import of dried, salted, or in brine Gadiformes fillets to Germany is showing a promising upward trend. In 2023, the value of imports stood at a baseline lower than the projected figures for 2024 through 2028. Over the forecast period, starting in 2024, we observe consistent year-on-year growth: 9.5% in 2024-2025, 8.6% in 2025-2026, 7.8% in 2026-2027, and 7.2% in 2027-2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 8.3%, indicating healthy expansion.
Future trends to watch for:
- Potential changes in trade agreements impacting cost and supply of fish imports.
- Consumer preference shifts towards sustainable seafood options, influencing import volumes.
- Economic factors within Germany that might affect import capacity and demand.