The forecast for total European sprat production in capture fisheries for human consumption in Italy shows a consistent decline from 2024 to 2028. In 2023, the production stood at a higher volume compared to the forecasted 52.7 metric tons in 2024. Year-on-year, the production is expected to decrease by approximately 7.2% in 2025, 8% in 2026, 8.4% in 2027, and 9.2% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected at a decrease, reflecting a steady downturn in sprat production for this period.
Future trends to watch for:
- Potential impact of climate change on fish habitats.
- Regulatory changes affecting fishing quotas.
- Fluctuations in consumer demand for sprat.
- Technological advancements in fishing methods.
