The capture fisheries production in Germany is forecasted to decline steadily from 2024 to 2028. In 2023, the production volume stood at 169.3 thousand metric tons. Looking ahead, the year-on-year percentage decrease is projected to be: approximately -5.6% from 2024 to 2025, -5.9% from 2025 to 2026, -6.2% from 2026 to 2027, and -6.5% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual decrease of around -9.5% in production volume.
Future trends to watch for include:
- Potential regulatory changes affecting fishing quotas and sustainability practices.
- The impact of climate change on marine ecosystems, which may further reduce available fish stock.
- Technological advancements in aquaculture that could offset declines in capture fisheries.
- Shifts in consumer demand towards more sustainable sources of seafood.