In 2023, the total sandy ray production in capture fisheries for human consumption in Italy was valued at 7.78 thousand euros. Forecast data from 2024 to 2028 shows a positive growth trend, with values rising from 8.58 to 11.88 thousand euros, indicating a strong upward trajectory.
Year-on-year increase rates are as follows:
- 2024: 10.28%
- 2025: 9.79%
- 2026: 8.81%
- 2027: 7.99%
- 2028: 7.32%
The Compound Annual Growth Rate (CAGR) for the period from 2023 to 2028 stands at approximately 8.77%, highlighting robust growth.
Future trends to watch in the sandy ray market include increased consumer demand for sustainable seafood, regulatory changes affecting capture practices, and potential shifts in global fishery supply chains, all of which could significantly impact the production value.
