In 2023, the fresh European squid production in Italy's capture fisheries for human consumption stood at a significant value. The forecast from 2024 to 2028 indicates a sharp decline, with values diminishing from 4.827 million euros in 2024 to just 0.27155 million euros by 2028. The year-on-year variation shows a consistent downturn, emphasizing a substantial decrease in production value over the period. The compound annual growth rate (CAGR) reflects a steep average decline per year over this five-year span.
Future trends to monitor include the impact of environmental regulations, potential shifts in consumer demand given the decline in supply, and technological advancements in sustainable fishing that could alter current projections.
