Forecast: Frozen Blue and Red Shrimp Production in Capture Fisheries for Human Consumption in Italy

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.

Top Countries about Shrimp