Based on the forecasted data, the production of sharks, rays, and chimaeras in Italian capture fisheries for human consumption is set to increase steadily from 2024 to 2028. Compared to the previous years, where the estimated actual capture output stood at 5.1 million Euros in 2023, the expected production value in 2024 is 5.3839 million Euros, with subsequent year-on-year increases of approximately 4.39% by 2025, 4.15% by 2026, 3.96% by 2027, and 3.76% by 2028. The projected five-year compound annual growth rate (CAGR) is approximately 4.06%.
Future trends to watch for include changes in consumer preferences for sustainable seafood options, regulatory implications affecting capture fisheries, and the impact of climate change on marine biodiversity and fishery yields. Monitoring these elements will help anticipate potential disruptions or growth opportunities in this sector.
