In 2023, the market for whole frozen American Plaice and long Rough Dab in Germany stood at a baseline against which future growth is measured. From 2024 to 2028, the value is forecasted to increase steadily from 1.32 to 1.62 thousand euros per metric ton, marking a consistent upward trend. Year-over-year growth is observed at approximately 5%-6% annually, highlighting robust demand or limited supply driving up prices. Over the forthcoming years, the Compound Annual Growth Rate (CAGR) is expected to be around 5.2%, reflective of sustained positive market dynamics.
Looking ahead, market trends to watch include changes in consumer seafood preferences, potential regulatory impacts on fishing practices, and environmental factors affecting fish populations. Additionally, global trade dynamics and fluctuations in fishing quotas could also alter supply and prices, influencing this market's trajectory in Germany.
