Forecast: Fresh Haddock Production in Capture Fisheries in Germany
Based on the forecast data provided, the trend in fresh haddock production in Germany from 2024 to 2028 shows a consistent decline in the value per metric ton: 2024 (€909.15), 2025 (€873.5), 2026 (€838.28), 2027 (€803.49), and 2028 (€769.13). Year-on-year variations are as follows:
- 2025: -3.92%
- 2026: -4.02%
- 2027: -4.15%
- 2028: -4.26%
The compound annual growth rate (CAGR) over the 5-year period is approximately -4.09% per year.
Future trends to watch include potential impacts of climate change on fish populations, regulatory changes in the fishing industry, consumer demand shifts towards sustainable seafood, and technological advancements in fishing practices. These factors could significantly influence the production values and overall market dynamics for fresh haddock in Germany.
