Forecast: Frozen Shellfish Production in Capture Fisheries in Italy

In 2023, the production value of frozen shellfish in capture fisheries in Italy stood at approximately €26 million. The forecast indicates a consistent decline over the next five years, with values descending from €23.525 million in 2024 to €10.839 million by 2028. This represents a year-on-year decrease as follows: 2024-2025 (-13.67%), 2025-2026 (-15.71%), 2026-2027 (-18.42%), and 2027-2028 (-22.41%). The compound annual growth rate (CAGR) over this five-year period reflects a drop of approximately 16.68% per annum.

Future trends to watch for include:

  • Environmental policies and their impact on fishing quotas.
  • Technological advancements in sustainable fishing practices.
  • Potential growth in the aquaculture sector offsetting the decline in capture fisheries.

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