In 2023, the actual production value of Mediterranean Horse Mackerel in Italy for human consumption was 2.32 Thousand Euros per Metric Ton. From 2024 to 2028, the forecast indicates a consistent annual growth in value, moving from 2.38 to 2.62 Thousand Euros per Metric Ton. The year-on-year percentage increase is steady, averaging an uplift of approximately 2.5% annually over this period. The CAGR for the five-year forecast period is also around 2.5%, indicating a robust trend in price increment.
Future trends to watch for:
- Potential impacts of climate change on fishery yields and stock sustainability.
- Regulatory shifts in marine capture practices to maintain or enhance production levels.
- Fluctuations in consumer demand and preferences influencing the pricing dynamics.
- Economic conditions affecting the Mediterranean region and Italy's ability to sustain export markets.