As of 2023, the whole fresh white skate fish production in Italy's capture fisheries for human consumption stood at approximately 590.0 thousand euros. Looking ahead from 2024, the forecast indicates a robust upward trend in production value, increasing steadily each year. The projections for 2024 to 2028 are 697.6, 805.33, 911.99, 1017.6, and 1122.1 thousand euros, respectively. This represents a year-on-year increase of around 15.43% in 2025, 13.26% in 2026, 11.59% in 2027, and 10.27% in 2028. Over the forecasted period, the compound annual growth rate (CAGR) is approximately 14.06%, indicating strong and consistent expansion in the sector.
Future trends to watch for include:
- Environmental regulations impacting capture fisheries and sustainability practices.
- Fluctuations in consumer demand for sustainable and locally-sourced seafood.
- Potential advancements in fishing technology and methods optimally suited for skate capture.