The forecast for fresh giant red shrimp production in capture fisheries for human consumption in Italy from 2024 to 2028 shows a steady increase in value, from 28.11 thousand euros per metric ton in 2024 to 33.02 thousand euros per metric ton in 2028. This reflects a year-on-year growth rate of approximately 4.33% between 2024 and 2025, and progressively similar rates through to 2028, leading to a Compound Annual Growth Rate (CAGR) of about 4.08% over the five-year period. Data for 2023, which we do not have, would be necessary for an in-depth analysis of pre-forecast trends.

Future Trends to Watch For:

Impact of climate change and fishing policies on shrimp populations and sustainability.
Fluctuations in demand due to changes in consumer preferences and buying power.
Technological advancements in fishing and processing that could affect production rates and quality.
Global market competition affecting pricing and export opportunities for Italian shrimp.