In 2023, the Headed Gutted Fresh Atlantic Cod Production in Germany's capture fisheries was valued at approximately 2.39 thousand euros. With the forecasted data from 2024 onward, a gradual increase is observed annually. From 2024 to 2028, the value increases steadily from 2.44 to 2.64 thousand euros, indicating a yearly growth rate of around 2% year-on-year. The forecasted Compound Annual Growth Rate (CAGR) from 2023 to 2028 hovers around 2.04%, reflecting a modest but steady growth trajectory in these fisheries over the five-year period.
Future trends to watch for include:
- Potential shifts in consumer demand and preference impacting cod consumption.
- Environmental regulations that could affect fishing quotas or fishing practices.
- Technological advancements improving catch efficiency and sustainability.
