The forecast indicates a declining trend in the production value of frozen sharks, rays, and chimaeras in capture fisheries for human consumption in Germany from 2024 to 2028. Starting at 329.16 Euros in 2024, the value steadily decreases to 207.42 Euros by 2028. Compared to 2023, where production stood at approximately 360 Euros, the average annual decline over the next five years (CAGR) is significant, reflecting changing consumer preferences and potentially regulatory impacts on fishing practices.
Future trends to watch for include evolving consumer demands for sustainable seafood, potential regulatory changes affecting fishing quotas, and the impact of advancements in aquaculture offering alternative sources for these species.
