In 2023, the production value of frozen dogfish sharks in German capture fisheries was standing at an unstated level. From 2024 to 2028, forecasts indicate a steady increase, with production value rising from €100.19 in 2024 to €140.77 in 2028.
The annual year-on-year growth rates forecasted include:
- 2024-2025: 10.2%
- 2025-2026: 9.21%
- 2026-2027: 8.4%
- 2027-2028: 7.7%
The compound annual growth rate (CAGR) over the five-year forecast period is approximately 8.80%, indicating a consistent upward trend in production value.
Future trends to watch for include potential impacts from environmental regulations, sustainability concerns, and market demand shifts for dogfish sharks. It's essential to monitor EU fishing policies and consumer preferences for sustainable seafood as these factors could significantly impact production outcomes and market dynamics moving forward.
