In 2023, the value of frozen wolffishes catfishes production in capture fisheries for human consumption in Germany stood at a stable level. The forecast for 2024 indicates a value of 3.57 thousand euros per metric ton, with progressive increases to 5.26 by 2028. This demonstrates robust annual growth: 12.05% for 2025, 10.5% for 2026, 9.73% for 2027, and 8.45% for 2028. Over the five-year period, the compound annual growth rate (CAGR) is forecasted at 10.63%, marking a strong upward trend in market value.
Future trends to watch:
- Increasing demand for sustainable and diverse seafood options.
- Potential market expansions in other European countries.
- Impact of environmental policies on fisheries production.
- Technological advancements in fishing and freezing methods.