In 2023, the production value of Fresh Atlantic Cod in Germany's capture fisheries for human consumption was valued at 3.44 thousand euros per metric ton. The forecast from 2024 to 2028 indicates a steady increase in value, projecting growth to 4.31 thousand euros per metric ton by 2028, marking a consistent trajectory.
The annual year-on-year increase from 2024 to 2028 is projected at approximately 3-5%, reflecting a positive growth trend. The compounded annual growth rate (CAGR) for this five-year period is roughly 5%, signaling a healthy uplift in market value.
Future trends to watch for include potential fluctuations in demand driven by consumer preferences towards sustainable and locally-sourced seafood, as well as regulatory impacts on fishing quotas and environmental sustainability initiatives.
