Forecast: Total Silver Scabbardfish Production in Capture Fisheries in Italy

The silver scabbardfish production in Italy's capture fisheries was recorded at 1.79 million Euros in 2023. Forecasted data predicts a declining trend from 2024 to 2028, with values dropping annually from 1.6435 million Euros in 2024 to 1.0571 million Euros in 2028. The year-on-year decline is consistently observed, with the most notable being from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast indicates an overall negative trajectory.

Future trends to watch for include:

  • Potential regulatory changes affecting fishing practices.
  • Environmental factors impacting fish populations and ecosystem health.
  • Market demand shifts possibly driven by consumer preferences or economic conditions.

Top Countries about Wild Fisheries