In 2023, the production of Frozen American Plaice and Long Rough Dab in Germany stood at approximately 116.00 metric tons. The forecast from 2024 to 2028 shows a continuous upward trend in production, with year-on-year growth rates of 3.96% in 2025, 3.47% in 2026, 3.06% in 2027, and 3.68% in 2028. The compound annual growth rate (CAGR) over five years projects an average yearly increase of approximately 3.56%.
Future trends to watch for:
- Potential shifts in consumer demand due to changing dietary preferences.
- Impacts of environmental policies and sustainability initiatives on capture fisheries.
- Technological advancements in fishing methods that could enhance efficiency.
- Economic factors affecting the fishing industry, such as labor costs and fuel prices.