Forecast: Fresh Mediterranean Starry Ray Production in Capture Fisheries for Human Consumption in Italy

In 2023, Italy's production of Fresh Mediterranean Starry Ray for human consumption stood at 542.46 thousand Euros. The forecast for 2024 predicts a value of 413.75 thousand Euros, marking a decline of approximately 23.71% from the previous year. The subsequent years forecast the following percentage declines: 2025 with a 10.14% decrease, 2026 with 11.17%, 2027 with 12.44%, and 2028 with 14.09%. The Compound Annual Growth Rate (CAGR) over these five years is projected at -12.99%, indicating a steady downward trend.

Future trends to monitor include:

  • Shifts in consumer demand toward more sustainable and less exploited species.
  • Regulatory changes impacting fishing quotas for the Mediterranean Starry Ray.
  • Technological advancements in fishing methods that could alter production efficiency.
  • Environmental factors affecting the availability of the Starry Ray species.
  • Economic factors such as inflation and changes in disposable income.

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