Forecast: Total Northern Prawn Production in Capture Fisheries for Human Consumption in Germany

The forecast for the total Northern Prawn production in capture fisheries for human consumption in Germany from 2024 to 2028 shows a consistent annual growth. The production value begins at 1.0316 million Euros in 2024 and increases steadily, reaching 1.2742 million Euros by 2028. This indicates a compound annual growth rate (CAGR) over this period.

Between 2024 and 2025, the production value increases by approximately 6%, a trend which continues with similar increments year-on-year until 2028. Compared to 2023, where the exact production value is not provided, this forecast illustrates a promising positive trend for the sector.

Future trends to watch for include:

  • Potential impacts of climate change on prawn populations and capture methods.
  • Changes in consumer preferences towards sustainability and traceability.
  • Technological advancements in fisheries management and operations.
  • Any regulatory changes affecting fisheries or trade policies in Germany and the EU.

Top Countries about Wild Fisheries