Forecast: Fresh Red Gurnard Production in Capture Fisheries for Human Consumption in Italy

In 2023, the production value of Fresh Red Gurnard in capture fisheries for human consumption in Italy stood at an actual value, forming the base for subsequent forecasts. From 2024, the projected figures indicate a noteworthy decline in value: 2025 sees an 11.64% decrease from 2024, 2026 experiences a 13.05% drop from 2025, followed by a 14.88% decline in 2027, and a further 17.26% decrease by 2028. On average, the compound annual growth rate (CAGR) over five years from 2024 to 2028 is negative, suggesting a consistent downward trend.

Future trends to watch for:

  • Environmental policies affecting capture fisheries that could impact production levels.
  • Potential shifts in consumer preferences towards alternative seafood or substitutes.
  • Technological advancements in sustainable fishing practices could stabilize production.
  • Economic factors, including inflation and currency fluctuations impacting market dynamics.

Top Countries about Wild Fisheries