In 2023, the fresh crustacean production in capture fisheries in Italy stood at 14.96 thousand metric tons. Over the last two years, 2022 saw a decline of 3.87%, while 2023 witnessed a modest increase of 2.11%. The Compound Annual Growth Rate (CAGR) over the past five years, however, slumped to -7.14%. Historically, the production has experienced fluctuations, with substantial peaks in 2017 and 2018 but notable declines in both 2019 and 2020.
Looking forward, forecasts suggest a gradual recovery, with a projected growth to 16.43 thousand metric tons by 2028. This indicates a forecasted 5-year CAGR of 1.49%, and an overall growth rate of 7.69%.
Future trends to watch for include:
- Environmental regulations impacting capture fisheries.
- Technological advancements in fishing techniques.
- Market demand shifts due to changing consumer preferences.
