In 2024, the production of Whole Fresh Longfin Gurnard in Italy is forecasted at 3.9 metric tons, following projected trends for the upcoming years. Comparing the year-on-year percentage growth, we expect an increase of approximately 7.7% between 2024 (3.9) and 2025 (4.2). The trend continues with increases of 4.8% in 2026 (4.4), and 4.5% in 2027 (4.6). By 2028, production is expected to reach 4.8 metric tons, maintaining a steady growth trajectory. The compound annual growth rate (CAGR) over the five-year forecast period stands at roughly 5.4%, signifying healthy and consistent growth.
Future trends to watch for:
- Potential environmental policies impacting capture rates in Italian fisheries.
- Market demand shifts driven by consumer preferences for sustainable and local catches.
- Technological advances in fishing methods and equipment boosting efficiency.
- Competitive dynamics within the EU affecting supply chain and market access.