In 2023, the production of fresh lesser flying squid in Italy's capture fisheries stood at a lower base, before showing an upward trend in subsequent years. Forecasts indicate a steady increase in production: 65.1 metric tons in 2024, rising to 74.9 metric tons by 2028. Year-on-year variations suggest a growth trajectory, with 2024 seeing a percentage rise that carries through to subsequent years.
Key variations include:
- 2024-2025: 5.1%
- 2025-2026: 3.9%
- 2026-2027: 3.0%
- 2027-2028: 2.3%
Over the five-year period, the compound annual growth rate (CAGR) is calculated at approximately 3.5%, signifying a moderate upward trend in production.
Future trends to watch for include potential impacts of climate change on marine ecosystems, regulatory changes in fishing quotas, and advancements in sustainable fishing practices, all of which could significantly influence future production levels of lesser flying squid in Italy.
