In 2023, the market value of whole frozen American plaice, long rough dab for human consumption in Germany is estimated at 70.5 thousand euros. Forecasted values indicate a progressive increase from 2024 to 2028, with a cumulative average growth rate (CAGR) over these five years showing a steady upward trend.
- The expected year-on-year growth from 2024 to 2025 is 7.7%.
- From 2025 to 2026, the value increases by 7.1%.
- The increase continues at 6.6% from 2026 to 2027.
- Similarly, a growth of 6.1% from 2027 to 2028 is anticipated.
- The five-year CAGR is approximately 7.0%.
This suggests a healthy expansion of the market, potentially driven by increasing demand or favorable market conditions in Germany. Future trends to watch for include changes in consumer preferences towards sustainable seafood, regulatory shifts affecting fisheries, and economic fluctuations impacting disposable incomes, which might influence consumption patterns.
