The forecast for shrimp and prawn production in capture fisheries in Germany from 2024 to 2028 shows a steady annual growth of around 1.6% to 1.8%. In 2024, the value is expected to be 49.03 million euros, increasing incrementally each year, reaching approximately 52.101 million euros by 2028. This upward trajectory follows a compound annual growth rate (CAGR) of around 1.56% over the five-year period.
For future trends, key elements to watch include:
- Changes in consumer preferences that may impact demand.
- Environmental regulations and sustainable fishing practices affecting production levels.
- Technological innovations in capture fisheries and supply chains.
- Trade relations and market access post-Brexit.