Forecast: Total Flounders, Halibuts and Soles Production in Capture Fisheries in Italy

The forecast for Italy’s capture fisheries production of flounders, halibuts, and soles shows a consistent annual increase from 2024 to 2028. With values starting at 11.45 Thousand Euros per Metric Ton in 2024 and growing to 12.32 Thousand Euros per Metric Ton by 2028, the industry displays a robust upward trend. This reflects a year-on-year growth of just under 2% and a compound annual growth rate (CAGR) of around 1.85% over the five-year period. For context, the production value in 2023 stood at approximately 11.24 Thousand Euros per Metric Ton, indicating a steady growth trajectory.

Looking forward, trends to watch include factors such as environmental policies, technological advancements in fishing practices, and shifting demand patterns, which could impact production levels and market prices. Sustainability concerns may drive further innovations or regulatory changes, potentially affecting the supply chain in the longer term.

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