In 2023, the total production of Thornback Ray in capture fisheries in Italy was approximately 394.9 metric tons. A steady decline is forecasted from 2024 to 2028, starting at 367.4 metric tons in 2024 and dropping to 260.5 metric tons by 2028. The year-on-year declines are approximately 7.4% from 2024 to 2025, 7.9% from 2025 to 2026, 8.4% from 2026 to 2027, and 9.1% from 2027 to 2028. The compound annual growth rate (CAGR) for the period from 2024 to 2028 indicates an average annual decrease of about 8.2%.
Future trends to watch for include:
- Potential regulatory changes aiming to manage declining fish populations.
- Innovations in sustainable fishing practices.
- Market shifts towards alternative seafood sources.
- Impact of climate change on marine ecosystems affecting Thornback Ray habitats.
