The forecasted data for Frozen Atlantic Herring production in capture fisheries in Germany shows a steady increase in value from 2024 to 2028. In 2023, the value stood at €455.00 per metric ton. The year-on-year variations indicate a modest upward trend with a forecasted value increase of approximately 0.66% annually over the five-year period. This results in a Compound Annual Growth Rate (CAGR) of around 0.66% from 2024 to 2028, reflecting stability but limited growth in this sector.
Future trends to watch for include:
- Shifts in consumer demand for Atlantic Herring
- Impact of climate change on herring populations
- Changes in fishing regulations and quotas in Germany and the EU
- Advancements in sustainable fishing techniques influencing production costs