The forecasted export volume of pelagic fish from Germany shows a significant downward trend from 2024 to 2028. In 2023, the actual export volume stood at 458.45 thousand metric tons based on prior data. The forecasted figures for 2024 indicate a volume of 403.92 thousand metric tons, decreasing sharply to 192.27 thousand metric tons by 2028. This reflects consistent year-on-year reductions, emphasizing a strong declining trend with a compound annual growth rate (CAGR) significantly negative over these five years.
Future trends to watch:
- Potential changes in global pelagic fish demand affecting exports.
- Impact of environmental regulations and sustainable fishing practices on supply.
- Economic factors influencing Germany's export strategies and trade partnerships.