Forecast: Fresh Shrimp Production in Capture Fisheries for Human Consumption in Italy

In 2023, the price for fresh shrimp production in Italy was approximately 8.35 thousand Euros per metric ton. The forecast from 2024 to 2028 shows a consistent downward trend in prices, from 8.25 thousand Euros per metric ton in 2024 to 7.87 thousand Euros by 2028. Year-on-year, the decline is anticipated to range from approximately 1.09% to 1.26%. The compound annual growth rate (CAGR) over this five-year period reflects an average annual decrease of approximately 1.17%.

Future trends to watch for:

  • Potential impact of environmental regulations and sustainability initiatives on capture fisheries.
  • Evolving consumer preferences towards sustainable seafood could influence market dynamics.
  • Technological advancements in fishing practices and preservation could affect production costs and efficiencies.

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