From 2012 to 2022, Germany's seafood market demonstrated a fluctuating yet overall declining trend in volume, with initial values of around 785 million kilograms in 2012 dropping to approximately 555 million kilograms in 2022. Notable yearly variations included a considerable drop of 13.01% in 2017 and significant declines of 9.98% in 2019 and 10.15% in 2021. The average annual decrease over the last five years (CAGR) stood around -2.47%, signifying a consistent reduction in seafood market volume.
Future trends to watch for include potential market recovery strategies, changing consumer preferences towards more sustainable seafood options, the impact of regulation and trade policies, and technological advancements in aquaculture and seafood processing which could influence market dynamics and growth. Additionally, health trends towards protein-rich and sustainable diets may affect consumption patterns positively.
How does Germany rank in Seafood Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,039,200,000 | 2023 | -1.62% | +1.65% | View data |
| 2 | 2 Denmark | 695,410,000 | 2023 | -0.31% | -0.19% | View data |
| 3 | 3 Italy | 659,090,000 | 2023 | +0.46% | -1.71% | View data |
| 4 | 4 France | 601,260,000 | 2023 | -1.93% | +0.22% | View data |
| 5 | 5 United Kingdom | 535,230,000 | 2023 | -1.1% | -0.87% | View data |
| 6 | 6 Germany | 513,850,000 | 2023 | -4.65% | -4.42% | |
| 7 | 7 Portugal | 341,370,000 | 2023 | -1.25% | -2.53% | View data |
| 8 | 8 Lithuania | 146,960,000 | 2023 | +1.15% | +1.31% | View data |
