In 2023, the production of fresh sharks, rays, and chimaeras in Germany for human consumption stood at approximately 12.2 metric tons. Forecasted data indicates a steady increase from 12.8 metric tons in 2024 to 15.32 metric tons in 2028. Year-on-year growth rates suggest a consistent upward trend, with notable annual increases: 5% from 2024 to 2025, 4.69% from 2025 to 2026, 4.40% from 2026 to 2027, and 4.29% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted period is approximately 4.63%.
Future trends to watch for:
- Environmental regulations impacting fishery practices and outputs.
- Demand fluctuations influenced by consumer preferences and global market conditions.
- Technological advancements in sustainable fishing methods.