In 2023, Italy's spiny lobster production in capture fisheries stood as per defined metrics, providing a baseline for forecast analysis. From 2024 through 2028, projected data indicates a gradual decline in production value, beginning at 42.92 and decreasing to 41.61. This represents a year-on-year decline of approximately 0.77%, evidencing a consistent downtrend. Over the five-year period, the compound annual growth rate (CAGR) reveals a steady negative trajectory.
Future trends to monitor include:
- Potential impacts of climate change on lobster habitats
- Regulatory changes affecting fishing practices
- Market demand shifts influenced by consumer preferences for sustainable seafood