In 2023, Italy's frozen blue and red shrimp production in capture fisheries for human consumption stood at 175 metric tons. The forecast for 2024 shows a decline to 168.1 metric tons, followed by continuous yearly reductions to 142.7 metric tons by 2028. This represents a year-on-year decrease of 5.1% in 2025, 4.3% in 2026, and approximately 3.6% by 2027. The Compound Annual Growth Rate (CAGR) over these five years is projected to show a consistent annual decrease, indicating a steady reduction in shrimp production.
Future trends to watch for include:
- The impact of environmental policies and regulations on fisheries.
- Developments in aquaculture as alternatives to capture fisheries.
- Fluctuations in consumer demand and its influence on production.