The production value for frozen giant red shrimp in Italy's capture fisheries sector is forecasted to increase from 35.77 thousand euros per metric ton in 2024 to 44.05 thousand euros in 2028. This shows a consistent year-on-year growth in value, with an average growth rate of approximately 5.3% annually over the forecasted period. In 2023, the recorded value was notably lower, signifying a positive trend in the sector's valuation.
Future trends to watch for include:
- Potential impact of environmental policies on fishing practices.
- Shifts in consumer preferences towards sustainable seafood options.
- Technological advancements in capture fisheries that could influence production efficiency and costs.
