In 2023, Italy's total sardine production in capture fisheries was approximately 12.14 thousand metric tons. From the forecasted data spanning 2024 to 2028, a steady decline is anticipated, dropping from 11.31 thousand metric tons in 2024 to 7.97 thousand metric tons in 2028. This represents an annual decrease close to 8% year-on-year. The compound annual growth rate (CAGR) over the five-year period is approximately -8.1%, indicating a continual reduction in sardine capture volumes.
Future trends to watch for include:
- Environmental and climate changes impacting sardine habitats.
- Overfishing regulations affecting catch limits.
- Technological advancements in sustainable fishing practices.
- Market demand shifts potentially causing fluctuations in production strategies.
