The forecast for fresh garfish production in Italy's capture fisheries indicates a consistent yearly decline in value from 2024 to 2028. The value decreases from €174.81K in 2024 to €164.6K in 2028, marking a steady downward trend in value. This gradual decline translates into year-on-year percentage reductions: 1.5% for 2025, 1.49% for 2026, 1.5% for 2027, and 1.52% for 2028. Over the five-year forecast period, there is a compound annual growth rate (CAGR) of approximately -1.46%, suggesting a moderate overall decline in this fishery's economic contribution.
Future trends to watch include:
- Environmental changes influencing garfish populations.
- Regulatory impacts on capture limits and fishing practices.
- Shifts in consumer preferences affecting market demand.
- Technological advancements in fishing methods and supply chain efficiency.