In 2023, the total thresher production for human consumption in Italy's capture fisheries was valued at 6.47 thousand euros per metric ton. From 2024 to 2028, the forecasted values show a steady increase: 6.47 (2024), 6.82 (2025), 7.17 (2026), 7.51 (2027), and 7.85 (2028) thousand euros per metric ton. This data indicates a consistent upward trend in production value, primarily driven by increasing demand and possibly enhanced fishing techniques or market conditions.
The year-on-year growth rates suggest a positive growth trajectory, with notable incremental increases annually over the specified period. Calculating the compound annual growth rate (CAGR) over five years reveals an average annual increase, suggesting favorable market conditions and growing demand for thresher production.
Future trends to watch for include:
- Potential shifts in consumer dietary preferences towards seafood, which could increase demand further.
- Environmental and regulatory changes impacting capture fisheries, possibly affecting production volumes and values.
- Technological advancements in fishing techniques that might enhance yields and efficiency.