In 2023, the production of fresh shrimps and prawns in Italy's capture fisheries was valued at approximately 105 million Euros. The forecast from 2024 to 2028 shows a consistent declining trend, with values dropping from 96.756 million Euros in 2024 to 60.633 million Euros by 2028. On a year-on-year basis, the industry is expected to see negative growth rates, indicating a sustained reduction in production value.
Future trends to watch for include:
- Impact of environmental regulations and sustainability initiatives on capture fisheries.
- Advancements in aquaculture technology as potential alternatives to capture fisheries.
- Changes in consumer preferences towards sustainably sourced seafood.
- Potential economic impacts from competitive international markets.