From 2024 to 2028, the forecasted values in thousand Euros are as follows:
- 2024: 114.94
- 2025: 108.66 (-5.46%)
- 2026: 102.45 (-5.72%)
- 2027: 96.30 (-6%)
- 2028: 90.22 (-6.31%)
The Compound Annual Growth Rate (CAGR) for this period is approximately -6.07% per year, indicating a consistent decrease in production value forecast over these years.
Future Trends to Watch
Future trends to monitor in this sector include potential regulatory changes impacting fisheries, advances in sustainable fishing practices, and shifts in consumer demand for frozen versus fresh seafood. Additionally, economic influences such as exchange rates and fuel prices can significantly impact production costs and profitability.
