Forecast: Fresh Raja Rays Production in Capture Fisheries in Italy

In the forecasted period from 2024 to 2028, the production value of fresh Raja rays in Italy's capture fisheries is expected to decrease steadily. Starting at 2.64 thousand euros per metric ton in 2024, this value is anticipated to decline annually, reaching 2.06 thousand euros by 2028. This represents a year-on-year decrease of approximately 5.68% from 2024 to 2025, 5.62% from 2025 to 2026, and continues similar trends through 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) reflects a negative trend.

Future trends to watch for:

  • Technological advancements in fishing techniques and resource management may impact production efficiency and cost structures.
  • Environmental policies, sustainable practices, and consumer preferences shifting towards eco-friendly products could influence market dynamics.
  • Economic factors, including inflation and currency fluctuations, may also affect production costs and market prices.

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