In 2023, the import of flours, meals, and pellets of fish or crustaceans, molluscs, or other aquatic invertebrates to Italy stood at a certain baseline. The forecast for 2024 shows an import volume of 40.045 million kilograms, predicting a decline by 2028 to 31.579 million kilograms. This downward trend represents a year-on-year percentage reduction with an approximate Compounded Annual Growth Rate (CAGR) over the five years. Such diminishing volumes can indicate a transition in demand, possible shifts towards alternative feed sources, or other economic factors affecting imports.
Future trends to watch for include potential adjustments in trade policies, environmental regulations influencing aquaculture practices, and technological advancements in aquaculture that may impact the import needs or alternative local production methods in Italy. Additionally, evolving dietary trends and preferences for sustainable fish feed options could alter demand dynamics over time.
