The fresh European sprat production in Italian capture fisheries is forecasted to decline steadily from 2024 to 2028. With a baseline of 55 metric tons in 2023, production is projected to decrease by approximately 7.2% in 2024, 7.2% in 2025, 8% in 2026, 8.4% in 2027, and 9.2% in 2028. This indicates a compound annual growth rate (CAGR) of around -8% over the five-year period. The forecasted drop reflects a consistent downward trend due to overfishing, climate change, or changes in demand.
Future trends to watch for:
- Implementation of sustainability measures could stabilize or reverse declines.
- Shifts in consumer preferences toward sustainability might impact demand.
- Technological advances in capture techniques may alter production capacity.
