Key Market Indicators
Italian Fish Production is projected to decline to approximately 126,000 metric tons by 2028, down from around 134,000 metric tons in 2023. This represents an average annual decrease of 1%. Historical data reveals that since 1965, Italy's fish supply has consistently fallen by an average of 1.6% per year. In 2023, Italy ranked 34th globally in fish production, with Laos surpassing it by producing a similar quantity. The top three countries in this sector were Indonesia, India, and Bangladesh, holding the second, third, and fourth positions, respectively. On a brighter note, Italian fish consumption is set to rise. By 2028, consumption is expected to reach nearly 358,000 metric tons, up from about 343,000 metric tons in 2023. This growth translates to an average annual increase of 0.7%. Since 2019, the demand for fish in Italy has been on a steady rise, growing at a rate of 0.9% per year.
