The production value of whole frozen Atlantic mackerel in Germany's capture fisheries is projected to decrease slowly from 2024 to 2028. Specifically, the production value is forecasted to dip from 6.0256 million Euros in 2024 to 5.6931 million Euros by 2028. This indicates a steady year-on-year percentage decline. The compound annual growth rate (CAGR) over this five-year span suggests an average annual decrease. Notably, in 2023, the actual figures must be acknowledged to understand the broader trend shifts beyond this forecast.
Future trends to watch include:
- Potential changes in environmental regulations impacting fishing quotas.
- Shifts in consumer demand for sustainable and traceable seafood sourcing.
- Technological advancements in fishing practices that may alter production efficiency.
- Global market fluctuations affecting demand and price elasticity.