The share of aquaculture in Italy's national fish production has shown varied performance over the past decade. In 2023, it stood at 33%, representing a 0.86% year-on-year increase. The sector experienced fluctuations with periods of decline, such as a notable drop of 7.28% in 2015, and growth, like a 6.35% rise in 2016. Over the last five years, the compound annual growth rate (CAGR) averaged at 0.65%. Looking forward, the forecast for 2028 indicates a share of 34.32%, with a projected 3.14% total growth rate over five years and an annual CAGR of 0.62%.
Future trends to watch for:
- Innovations in sustainable aquaculture practices could drive enhanced production efficiency.
- Government policies and subsidies may significantly influence sector growth.
- International market demand and competition could impact export performance and domestic market share.