In 2023, fresh Lesser Flying Squid production in Italian capture fisheries for human consumption was at 60 Metric Tons. The forecast data shows a steady year-on-year increase: 2024 with 8.67%, 2025 with 5.21%, 2026 with 3.93%, 2027 with 3.09%, and 2028 with 2.31%. This results in a compound annual growth rate (CAGR) of 4.57% over five years, suggesting a consistent upward trend in production.
Future trends to watch for include potential impacts of changing ocean conditions due to climate change, advancements in sustainable fishing practices, and shifting consumer preferences that may influence demand for squid. Monitoring global seafood trade policies may also be crucial.
