In 2023, the frozen surmullet production in capture fisheries for human consumption in Italy was valued significantly lower than the forecasted values for subsequent years. From 2024 to 2028, the forecast reveals a consistent upward trend in value from 14.55 to 20.92 thousand euros per metric ton. Year-on-year growth is expected to increase steadily, starting at 11.07% from 2024 to 2025, with a continued positive trajectory through to 2028. Over the five years, the compound annual growth rate (CAGR) showcases a robust increase in valuation, reflecting rising demand and possibly improved capture techniques.
Future trends to watch for include potential regulatory changes impacting fishing practices, consumer preferences shifting towards sustainable options, and economic factors influencing seafood market prices in the EU. Significant volatility in input costs could also alter forecast dynamics.
