In 2023, whole fresh angler monk production in Italy's capture fisheries stood at 699 metric tons. The forecast for 2024 shows an increase to 728.7 metric tons, representing a year-on-year growth of 4.25%. Continued growth is expected, with projected increases to 771 metric tons in 2025, which is a further 5.8% rise. From 2025 to 2026, production is expected to reach 811.2 metric tons, an increase of 5.22%, followed by 849.4 metric tons in 2027, showing a 4.71% rise, and 885.7 metric tons in 2028, which is growth of 4.27%. Over the five-year period, the compound annual growth rate (CAGR) is about 4.84%.
Future trends to watch for include:
- The impact of climate change on fish stock sustainability, which could potentially affect growth projections.
- Technological advancements in fishing techniques and their adoption in Italy, possibly contributing to increased efficiency.
- Regulatory changes aimed at ensuring sustainable fishing practices, which could impact production volumes.