In 2023, the production of Frigate and Bullet Tuna in capture fisheries for human consumption in Italy was valued at approximately 1.477 million Euros. The forecast from 2024 to 2028 shows a gradual decline in value, with a year-on-year decrease ranging from 0.56% in 2024 to approximately 0.55% in 2028. The five-year compound annual growth rate (CAGR) indicates an average annual decrease of about 0.55%.
Future trends to watch for include:
- Potential impacts of climate change on marine life affecting fish populations.
- Regulations on fishing quotas and sustainability efforts.
- Technological advancements in fishing techniques to improve efficiency.