Forecast: Whole Fresh Finfish Production in Capture Fisheries in Italy

From 2013 to 2023, the production of whole fresh finfish in capture fisheries in Italy experienced considerable fluctuations. The value decreased between 2013 and 2018, reaching its lowest in 2018, but gradually increased afterward. The recent years showed a robust recovery with a CAGR of 5.21% from 2019 to 2023.

Key Variations and Trends:

  • Between 2022 and 2023, there was a slight decline of -2.65% in value.
  • The annual growth rate from 2019 to 2023 was positive, reflecting a recovery trend in the production value.
  • Year-on-year changes show significant variations including a notable 11.93% rise in 2021.

Future Trends to Watch:

  • The forecast indicates a steady growth with a 5-year CAGR of 1.16% and a forecasted 5.92% growth rate by 2028.
  • Potential impacts from changes in climate, regulations, and sustainable fishing practices could influence future production values.
  • Technological advancements in fishing and monitoring can potentially optimize yields and affect market dynamics.

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