The forecast for the import of frozen whole flatfish to Germany from 2024 to 2028 shows a steady decline from $1.1891 million in 2024 to $1.1561 million by 2028. This represents a marginal downward trend in import value over the forecast period. The annual change seems consistent at around 0.6% decline each year, resulting in a broader 5-year downward trend in the CAGR. In 2023, the import value was slightly higher, indicating a period of gradual reduction.
Future trends to watch for include:
- Potential market shifts due to environmental policies impacting seafood supply.
- Fluctuations in currency exchange rates affecting import costs.
- Changes in consumer demand for alternative seafood options due to sustainability concerns.
