In 2023, the value of fresh wide-eyed flounder production in capture fisheries in Italy was €23.56 thousand per metric ton. The forecasted data indicates an upward trend from 2024, with an annual increase of around 14% to 16% each year, reaching €40.68 thousand per metric ton by 2028. This strong upward trajectory translates into a compound annual growth rate (CAGR) of approximately 13% over the 2023-2028 period.
Future trends to watch include:
- Impact of sustainable fishing practices on production costs
- Effects of climate change on marine life and flounder population
- Shifts in consumer demand towards environmentally-friendly seafood