In 2024, the production of sharks, rays, and chimaeras in capture fisheries for human consumption in Germany is forecasted at 412.95 Euros per metric ton. This represents a projected decline from 2023 levels, with successive reductions expected into 2028. Year-on-year decreases are as follows: 7.78% in 2025, 8.37% in 2026, 9.06% in 2027, and 9.91% in 2028. The compounded annual growth rate (CAGR) over the forecasted period indicates an average yearly decline of approximately 9.04%.
Future trends to watch for include:
- Potential regulatory changes impacting capture fisheries.
- Shifts in consumer demand towards sustainable seafood options.
- Environmental factors affecting marine ecosystem health.
- Technological advancements in fishing practices.
