The forecast for salted or in brine cod imports to Germany shows a consistent decrease from 2024 to 2028. Starting at 17.603 million USD in 2024, the value declines steadily each year to reach 16.709 million USD by 2028. The year-on-year percentage decrease is small, indicating a gradual downward trend. This trend is likely due to several market factors, including changing consumer preferences or increased competition. In 2023, the market stood at a higher level, emphasizing the ongoing decline. The compound annual growth rate (CAGR) over the five-year period reflects a moderate average decrease per year.
Future trends to watch for include potential impacts from sustainability initiatives in fishing, changes in consumer behavior towards seafood consumption, and market shifts due to trade regulations affecting cod imports. Additionally, fluctuations in global fish supply and economic conditions could influence these forecasts.
