The sold production of frozen fish fillets in Germany has seen significant fluctuations from 2013 to 2023. After experiencing a peak in 2013, the volume fell notably from 2016 onwards, hitting its lowest point in 2021. Despite a sharp decline for several years, figures began to recuperate in 2022 with a substantial year-on-year growth of 68.82%, reaching 23.332 million kilograms. In 2023, the volume further improved to 24.87 million kilograms, indicating a 6.6% year-on-year increase. The 5-year CAGR leading up to 2023 stands at -0.56%, reflecting the market's variable performance but recent stabilization.
Key variations include:
- -24.19% in 2017
- -14.38% in 2018
- -23.01% in 2020
- 68.82% in 2022
- 6.6% in 2023
Looking ahead, the market is forecasted to grow, albeit at a modest pace, with a predicted 5-year CAGR of 1.23%, expecting to reach 26.875 million kilograms by 2028. This suggests a steady recovery trajectory and potential stabilization in the frozen fish fillets production industry. Future trends to watch include innovations in freezing technology, shifts in consumer preferences towards sustainable seafood, and the impact of global supply chain dynamics on production volumes.
