The forecast for the production value of fresh sharks, rays, and chimaeras in Italy's capture fisheries from 2024 to 2028 shows a stable trend. The value consistently remains at approximately 4.11 to 4.12 Thousand Euros per Metric Ton from 2024 through 2028. This suggests a minimal year-on-year growth rate, with almost negligible variations indicating a market stabilization. The compound annual growth rate (CAGR) over the five years is effectively close to zero, indicating market equilibrium. In 2023, the value was at a similar level, reflecting stagnant growth in this sector.
Future trends to watch include potential regulatory changes affecting capture fisheries, shifts in consumer demand towards sustainable seafood, and the impact of climate change on marine biodiversity, which could influence production volumes and values.
