The projected figures for frozen, filleted Atlantic cod production in Germany indicate a steady upward trend from 2024 to 2028. Starting from a value of €8.35k per metric ton in 2024, the production value increases each year, reaching approximately €10.64k per metric ton by 2028. Compared to the previous year, the annual growth rate reflects a consistent increase, with notable year-on-year variations, highlighting robust growth.
Assuming a production value of €7.77k per metric ton in 2023, the 2024 figure marks a significant year-on-year increase. The compound annual growth rate (CAGR) from 2024 to 2028 further underscores the upward trajectory in production value.
Future market trends to monitor include changes in consumer demand, sustainable fishing practices, and regulatory impacts affecting the cod market. Innovations in processing and distribution could also influence future production values.
