In 2023, the production of fresh mullets in capture fisheries for human consumption in Italy stood at a point just before beginning a noteworthy downward trend. The forecasted data for 2024 till 2028 indicates a consistent decrease in production: from 1.48 thousand metric tons in 2024 to 0.7612 thousand metric tons by 2028. Over the two-year period from 2024 to 2025 and 2025 to 2026, the production is expected to decrease by approximately 12% and 14% respectively. The compound annual growth rate (CAGR) over this five-year period depicts a continuous decline, highlighting a significant drop averaging nearly 14% per year.
Future trends to watch for include:
- Potential regulatory changes that could affect fishing practices and quotas.
- Environmental factors such as climate change impacting marine biodiversity and habitat conditions.
- Shifts in consumer preferences towards sustainable and alternative protein sources.
- Economic factors influencing catch costs and market prices.