Forecast: Fresh Mullets Production in Capture Fisheries in Italy

In 2023, the production of fresh mullets in capture fisheries in Italy was valued at an estimated 3.0 million euros. Based on the forecasted data from 2024 to 2028, the production value is expected to decrease each year: from 2.8613 million euros in 2024 to 2.3781 million euros in 2028. This marks a consistent decline with year-on-year reductions: 2024 to 2025 by approximately 4.28%, 2025 to 2026 by around 4.43%, 2026 to 2027 by about 4.59%, and 2027 to 2028 by nearly 4.77%. The compound annual growth rate (CAGR) from 2024 to 2028 shows an overall average annual decrease of around 4.42%.

Future trends to watch include potential shifts in consumer demand for mullets, changes in environmental regulations affecting fisheries, and technological advancements in sustainable fishing practices. Monitoring these factors can offer insights into possible reversals or accelerations of the current downward trend in production value.

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