In 2023, the market for whole fresh blue shark production in capture fisheries for human consumption in Italy was valued at a premium, contributing to the subsequent forecasted figures. From 2024 to 2028, a gradual decline in value is observed, starting from 3.46 to 3.31 thousand euros per metric ton. The year-on-year percentage decrease reflects a cautious market environment. The compound annual growth rate (CAGR) over this period indicates an average downturn in annual value. This trend highlights possible challenges in market demand and resource availability.
Future trends to watch for include:
- Potential regulatory changes impacting shark fishing and environmental sustainability practices.
- Evolving consumer preferences towards sustainable seafood, which may affect demand and pricing strategies.
- Technological advancements in fishing and processing techniques that could alter cost structures.
- Global economic factors that might influence import-export dynamics and pricing.