The import of prepared or preserved anchovies to Germany is forecasted to increase steadily from 2024 to 2028, starting at 14.576 million USD in 2024 and reaching 15.746 million USD by 2028. The year-on-year growth rate for the period shows a consistent upward trend. From 2024 to 2025, the increase is roughly 2.06%, followed by approximately 1.99% growth from 2025 to 2026, about 1.91% from 2026 to 2027, and around 1.84% from 2027 to 2028. Over the five-year period, the compounded annual growth rate (CAGR) indicates an average yearly increase of about 1.97%.
Future trends to watch for include potential changes in consumer preferences towards sustainable and locally-sourced seafood products, which may influence import levels. Additionally, fluctuations in global trade policies and exchange rates could impact import costs and volumes. Monitoring competition from alternative seafood products and aiming to meet evolving quality standards will also be essential for stakeholders in this market.
