The forecast for Fresh Thornback Ray production in capture fisheries in Italy shows a steady decline in projected values from 2024 through 2028. The data indicates a decrease from 1.4386 million euros in 2024 to 1.3257 million euros in 2028. When considering the value in 2023 was the basis for these forecasts, these predictions suggest an ongoing negative trend. The year-on-year variation reveals a consistent reduction over the years, contributing to a compounded annual growth rate (CAGR) that signifies a shrinking market.
Future trends to watch for include:
- Impact of regulatory changes on fishing practices and quotas.
- The effect of climate change on marine ecosystems affecting thornback ray populations.
- Potential shifts in consumer demand and preferences for seafood.
