In 2023, the production of frozen, gutted, and headed Atlantic cod in Germany's capture fisheries stood below the forecasted 2024 level of 941.92 metric tons. The forecast indicates a consistent year-on-year growth, with production expected to reach 1,170 metric tons by 2028. The year-on-year increases from 2024 to 2028 are approximately 6.10% in 2025, 6% in 2026, 5.66% in 2027, and 4.46% in 2028. The compound annual growth rate (CAGR) over this five-year period is projected to be around 5.5%, signaling a steady upward trend in production.
Future trends to watch for include:
- Impact of environmental regulations on fishing quotas and practices.
- Changes in global demand and the influence of international markets.
- Advancements in sustainable fishing technology and practices.
- The effect of climate change on fish populations and distribution.