Forecast: Whole Fresh Surmullet Production in Capture Fisheries in Italy

The whole fresh surmullet production in capture fisheries in Italy is forecasted to decline from 2024 through 2028. Forecasted values, starting at 13.233 million euros in 2024, decrease progressively to 9.2108 million euros by 2028. In comparison, the production stood at approximately similar figures in 2023, implying consistency before the projected decline.

The year-on-year percentage change indicates a steady negative trend: a decrease of 7.72% in 2025, 8.28% in 2026, 8.92% in 2027, and 9.70% in 2028. The compounded annual growth rate (CAGR) over these years highlights an average annual decrease, emphasizing a consistent downward trend in the industry.

Future trends to watch for include:

  • Potential shifts in market demand for fresh surmullet driven by consumer preferences or economic conditions.
  • Impact of sustainability initiatives and regulations on capture fisheries affecting production volumes.
  • Technological advancements that could alter the efficiency and cost of fishery operations.

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