Based on the forecast, the production value of shrimps and prawns in Italy's capture fisheries is predicted to rise from 14.1 thousand euros per metric ton in 2024. This upward trend shows a year-on-year increase of 3.9% in 2025, 3.8% in 2026, 3.5% in 2027, and 3.4% in 2028, reflecting a steady growth trajectory. Compared to 2023, where the baseline value stood, this suggests a positive market outlook with an average compound annual growth rate (CAGR) of approximately 3.65% over the five-year forecast period.
Future trends to watch for:
- Impact of sustainability and environmental policies affecting fisheries.
- Potential shifts in demand due to changing consumer preferences for sustainable seafood.
- Economic factors influencing global trade and production costs.