The production of frozen shrimps and prawns in Germany is predicted to see a steady increase from 2024 to 2028, with values rising from 4.09 to 4.65 thousand euros per metric ton. As of 2023, the value stood at 3.95. The forecast indicates a gradual growth, driven by a consistent demand for seafood. Year-on-year percentage variations demonstrate stable increments. The Compound Annual Growth Rate (CAGR) over this five-year period is indicative of a modest annual increase.
Future trends to watch include potential impacts of climate change on capture fisheries, changes in consumer preferences towards sustainable seafood, and possible regulatory shifts that could affect production costs and pricing dynamics in the industry.
