In the forecasted period from 2024 to 2028, fresh garfish production in Italy is expected to decline gradually from 38.4 to 37.4 metric tons. For context, the production in 2023 stood at approximately 38.7 metric tons. The year-on-year decrease is consistently modest, ranging from -0.78% to -0.53%. The compound annual growth rate (CAGR) over these five years signifies an average decline in production by approximately -0.66% annually. This declining trend highlights potential concerns for supply sustainability.
Future trends to watch for include:
- Impacts of climate change on capture fisheries, potentially affecting garfish populations and thus production levels.
- Changes in regulatory frameworks or fishing quotas that could further influence production volumes.
- Shifts in consumer demand towards more sustainable seafood options, which may affect the market dynamics for fresh garfish.
