The crustaceans market size in Germany, expressed in volume and standing at 72.65 thousand metric tons in 2023, has seen fluctuations over the past decade. There was a notable decline in 2015 and 2016, followed by a recovery in 2017 through 2019. The COVID-19 pandemic led to a significant decrease in 2020, but the market managed to recover gradually in 2021 and 2022. The year-on-year variation for 2023 is minimal at 0.055%, indicating stability, while the CAGR over the last five years shows an average annual decline of 0.099%. Future forecasts indicate a stable to slightly positive trend with an expected 5-year CAGR of 0.06% and a growth rate of 0.32% by 2028.
Future trends to watch for include the potential impacts of environmental regulations, advancements in aquaculture technologies, and shifting consumer preferences toward sustainable seafood options. Additionally, global economic conditions and trade policies will influence the market dynamics.
