Forecast: Total Blue Shark Production in Capture Fisheries in Italy

In 2023, the total blue shark production value in capture fisheries in Italy was recorded at 3.50 thousand euros per metric ton. From 2024 onwards, the projected values show a year-on-year decline, beginning at 3.46 in 2024 and decreasing to 3.31 by 2028. This consistent reduction reflects a negative trend, with annual declines of approximately 1.4% each year. The compounded average annual growth rate (CAGR) from 2024 to 2028 indicates a shrinking market for blue shark capture fisheries in terms of value, undermining potential gains in revenue or market expansion.

Future trends to watch for include regulatory changes impacting blue shark capture, sustainable fishing practices, and environmental factors affecting shark populations. These elements could potentially influence projections, either mitigating the decline or exacerbating it, depending on the global and local response to conservation efforts.

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