In 2023, the value of fresh garfish production in capture fisheries for human consumption in Germany stood as a reference point for subsequent forecasts. For 2024, values are predicted to begin at 1.5 thousand euros per metric ton with an anticipated steady increase reaching up to 1.69 thousand euros by 2028.
The year-on-year growth reveals a consistent pace: a 3.33% increase from 2024 to 2025, 3.23% from 2025 to 2026, 2.50% from 2026 to 2027, and 3.05% from 2027 to 2028. Over these five years, the compound annual growth rate (CAGR) stands at around 3.03%, indicating a stable upward trajectory over time.
- Future trends to monitor include potential impacts of environmental policies on capture fisheries, shifts in consumer preferences towards sustainable seafood, and technological advancements in fishing practices which may influence production and supply chain efficiencies.