In 2023, the value of cooked shrimp production for capture fisheries in Germany stood at a certain level, yet to be specified. From 2024 onwards, the forecasted values indicate a steady increase: from 7.39 in 2024 to 8.44 by 2028, expressed in thousand euros per metric ton, reflecting a consistent upward trend.
The year-on-year percentage increases reveal a gradual growth pattern, highlighting a robust market with growing demand or rising prices. The compound annual growth rate (CAGR) suggests an average growth rate over the five-year forecast period, capturing sustained market expansion.
Future trends to watch for include advancements in sustainable fishing practices, potential regulatory changes impacting capture fisheries, and shifts in consumer preferences towards alternative seafood sources, which could affect demand and pricing dynamics.
