Analyzing the production of whole fresh crustaceans in capture fisheries in Italy from 2013 to 2023, we observe a fluctuating performance. The output in 2023 stood at 173.64 million Euros. While production saw significant gains from 2016 to 2017, peaking in 2017, it faced volatility with a stark decline in 2020 and a recovery pattern starting in 2022.
Key year-on-year variations:
- 2014: -5.64%
- 2015: +4.56%
- 2016: +3.13%
- 2017: +33.47%
- 2018: -1.98%
- 2019: -7.86%
- 2020: -24.82%
- 2021: -7.88%
- 2022: +22.11%
- 2023: +5.94%
Over the last two years, production has rebounded, and for the last five years, the CAGR stood at 4.45%, indicating a moderate growth trend anticipated up to 2028, predicting a 24.3% increase. The market is poised for steady gains, driven by sustainable fishing practices and enhanced demand in the European market.
Future trends to watch for include technological advancements in fishing techniques, stronger regulatory frameworks for sustainability, and potential impacts of climate change on marine life, which could influence production volumes substantially.
