In 2023, Italy's production of fish factory vessels stood at 15 compensated gross tonnage (CGT). From 2024 to 2028, the forecast outlines a steady increase. The production is set to remain stable at 16 CGT from 2024 to 2025, followed by a gradual rise in 2026 with 17 CGT, and reaching 18 CGT by 2027, which remains constant in 2028. This indicates an upward trajectory in production capacity.
Year-on-year growth is initially flat, picking up by roughly 6.25% in 2026 and maintaining that growth rate into 2027. The five-year compound annual growth rate (CAGR) is anticipated at approximately 4.65%.
Future trends to watch for include advancements in fishing technology, shifts in demand driven by consumer preferences, and environmental policies impacting the shipbuilding industry. These factors will shape the production landscape and may offer new opportunities or challenges.
