Forecast: Fresh Broadtail Shortfin Squi Production in Capture Fisheries in Italy

The Fresh Broadtail Shortfin Squid production in capture fisheries in Italy saw a significant downturn from the 2023 level, which was at 4.56 million Euros. The forecast for 2024 is 3.995 million Euros, indicating a year-on-year decline by 12.36%. In 2025, the figure is expected to fall further by 20.16% to 3.1897 million Euros. By 2026, the forecast suggests another decrease of 25.02% to 2.3925 million Euros. This declining trend continues into 2027 with a projected decrease of 33.00% resulting in 1.6032 million Euros, and in 2028, the value will drop 48.73% reaching 0.82183 million Euros. The compound annual growth rate (CAGR) over the forecasted period suggests an average annual decline of 34.81%.

Future trends to watch for include:

  • Potential impacts of environmental policies and sustainable fishing practices on squid populations.
  • Market demand shifts driven by consumer preferences for sustainable seafood options.
  • Technological advancements in fishing that could affect squid capture rates and efficiencies.
  • Regulatory changes within the EU or local Italian governments impacting capture fisheries.

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