The forecast for fresh Greater Amberjack production in Italy's capture fisheries indicates a steady decline from 2024 to 2028, with values decreasing from €4.41 million in 2024 to €3.34 million in 2028, reflecting a diminishing trend. In 2023, the production value was the last recorded actual data, serving as a reference point for the projected downturn initiated in 2024.
Year-on-Year Variation:
- 2024 to 2025: -6.16%
- 2025 to 2026: -6.49%
- 2026 to 2027: -6.89%
- 2027 to 2028: -7.32%
The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be negative, indicating an average annual decline in output.
Future Trends to Watch:
Sustainability practices, regulatory changes, and environmental factors could significantly impact future production levels. Additionally, technological advancements in fishery management and market demand shifts might alter these downtrends.
