In 2023, the value for fresh picarels production in capture fisheries for human consumption in Italy stood at 2.44 thousand euros per metric ton. From 2024 to 2028, the forecast shows a gradual decline: 2.36 in 2024, 2.28 in 2025, 2.21 in 2026, 2.13 in 2027, and 2.07 in 2028. This represents a year-on-year decrease of approximately 3.39% from 2023 to 2024. Over the five-year period, the compound annual growth rate (CAGR) is around -3.18%, indicating a consistent decline in value.
Future trends to watch for include:
- Potential impact of environmental regulations on fishing practices.
- Changes in consumer demand for fresh picarels in local and export markets.
- Technological advances in fishing and processing that may influence cost efficiency.