Forecast: Fresh Shrimp Production in Capture Fisheries in Germany

The forecasted data for fresh shrimp production in capture fisheries in Germany from 2024 to 2028 show a gradual increase in value, starting at 5.73 thousand euros per metric ton in 2024 and reaching 6.15 by 2028. The year-on-year growth indicates a stable upward trend with marginal increases annually. Given the consistent rise in predicted value and the steady conditions anticipated in the market, the cumulative annual growth rate (CAGR) over this five-year period suggests moderate expansion in the value terms of the shrimp industry.

Looking to the future, stakeholders should keep an eye on factors such as regulatory changes, shifts in consumer demand, environmental considerations, and technological advancements that could affect production costs and efficiencies in capture fisheries, which might, in turn, influence the value of fresh shrimp in Germany.

Top Countries about Shrimp