The forecast for fresh poor cod production in capture fisheries for human consumption in Italy shows a consistent increase from 2024 to 2028, with values rising from 3.78 thousand euros per metric ton in 2024 to 4.14 thousand euros per metric ton in 2028. This trend indicates a year-on-year growth rate, with the compound annual growth rate (CAGR) over this period highlighting steady expansion in market value. In comparison, the actual market value in 2023 was slightly lower, establishing a base for this projected upward trajectory.
Future trends to watch for include:
- The impact of sustainable fishing practices on production volumes and values.
- Changes in consumer preferences towards fresh versus frozen seafood options.
- Potential policy changes to support or regulate capture fisheries in Italy.
- Economic fluctuations affecting consumer purchasing power and export opportunities.
