The forecast for the total silversides and sand smelts production in capture fisheries for human consumption in Italy indicates a declining trend from 2024 to 2028. Starting at 4.28 thousand euros per metric ton in 2024, it is projected to decrease annually to 3.91 by 2028. In 2023, the value was slightly higher, indicating a consistent year-on-year downturn. The compound annual growth rate (CAGR) over the past five years suggests an average yearly decrease, reflecting waning market conditions or potential reductions in capture volumes.
Future trends to watch for include:
- Potential shifts in consumer demand or competitive pricing pressures influencing the market.
- Regulatory changes impacting capture fisheries and their production costs.
- Environmental factors affecting fish stocks and availability.