The forecast for the production value of fresh sharks, rays, and chimaeras in capture fisheries in Germany from 2024 to 2028 shows a steady upward trend, increasing from 1.53 thousand euros per metric ton in 2024 to 1.61 in 2028. This indicates a consistent growth year-on-year of approximately 1.3%, reflecting a compound annual growth rate (CAGR) of about 1.3% over the five-year period. Comparing to the actual value recorded in 2023, the market is demonstrating stable positive growth.
For future trends, watch for factors such as changes in consumer demand, regulations affecting fisheries, and environmental concerns which could influence production volumes and values. Innovations in sustainable fishing practices and shifts towards ecological management of marine resources may also impact the industry, potentially altering costs and supply dynamics.
