The forecast for Italy's fisheries support estimates indicates a steady annual decline from 2024 to 2028. Starting at 55.05 trillion USD in 2024, this figure is predicted to decrease to 47.911 trillion USD by 2028, showing a consistent year-on-year reduction of around 3.3%. The compound annual growth rate (CAGR) over the next five years is approximately -3.32%, signaling a gradual reduction in support.
Future trends to watch for include:
- Potential policy changes impacting support levels in line with sustainability goals.
- Fluctuations in global fish market demand potentially affecting funding allocations.
- Technological advancements that could either increase efficiency or require further investment.