In 2023, the imports of frozen Gadiformes fillets to Germany, excluding the more common types such as cod and haddock, stood at approximately 19.3 million USD. The source data forecasts a consistent year-on-year percentage increase in import values, suggesting a growing demand. Specifically, from 2024 onwards, a steady growth trajectory is observed as values rise yearly, reaching an anticipated 24.812 million USD by 2028. This progression reflects an average Compound Annual Growth Rate (CAGR) of around 5% over these years.
Future trends to watch for include potential shifts in consumer preferences towards different types of fish due to sustainability concerns, potential policy changes affecting imports, and the impact of global economic conditions on trade dynamics. Monitoring these factors will be crucial for stakeholders aiming to capitalize on or mitigate potential challenges in this sector.
