Forecast: Fresh Shrimps and Prawns Production in Capture Fisheries for Human Consumption in Germany

The forecast for Germany’s fresh shrimp and prawn production in capture fisheries for human consumption shows a consistent growth trajectory from 2024 to 2028. In 2023, the industry stood at a baseline just below the 2024 forecast of 878.96 thousand euros. The year-on-year growth rates reveal significant upward trends, with each subsequent year posting higher increases, culminating in a five-year CAGR that indicates sound expansion in production value.

Future trends to watch for include:

  • Continued investment and advancements in sustainable fishing practices.
  • Potential shifts in consumer preferences towards higher value-added seafood products.
  • The impact of environmental regulations on fishing quotas and practices.
  • Influences of global market movements and trade agreements on shrimp and prawn availability.

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