In 2023, the total common squid production in capture fisheries for human consumption in Italy was valued at 14.34 Thousand Euros per Metric Ton. The forecasted data from 2024 to 2028 shows a steady rise in value, from 14.41 to 14.75 Thousand Euros per Metric Ton, reflecting moderate growth in the sector.
The year-on-year variation indicates a consistent upward trend. From 2024 to 2025, there's an approximate increase of 0.56%, continuing similar growth rates up to 2028. The compound annual growth rate (CAGR) over the forecasted period is around 0.63%, underscoring steady market growth.
• Future trends to watch:
- Potential impacts of environmental policies on seafood capture.
- Consumer demand shifts towards sustainable sourcing methods.
- Technological advancements in capture and processing efficiencies.