In 2023, Germany's import of fresh or chilled shrimps and prawns stood at approximately $81.5 million. The forecast indicates a steady increase, from $84.859 million in 2024 to $97.283 million in 2028. This represents a year-on-year growth rate of about 3.73% over the period. The compound annual growth rate (CAGR) over the five-year span is projected to be approximately 3.45%.
Future trends to watch for include:
- Potential impact of sustainable sourcing practices on import volumes.
- Changing consumer preferences and health trends affecting demand.
- Trade policies and bilateral agreements potentially influencing import dynamics.
- Technological advancements in logistics and cold chain management improving distribution efficiency.