The forecast for the production value of fresh rays, stingrays, and mantas for human consumption in Italy indicates a declining trend from 2024 to 2028, decreasing from 2.19 to 2.0 thousand euros per metric ton. This represents an average annual decline (CAGR) of approximately 2.25% over the five-year period. The year-on-year decline is steady, at around 2.28% per year, reflecting a consistent downward trend.
Future trends to watch for:
- Potential changes in consumer demand for sustainable seafood options, which may impact production strategies.
- Regulatory changes in fishing practices that could alter catch quantities and thereby affect market pricing.
- Technological advancements in fishing and processing that might influence cost structures and efficiency.
- Environmental factors and climate change effects on species populations and catch yields.