In 2023, the total Brown Moray production in capture fisheries for human consumption in Italy stood at 2.5 Thousand Euros per Metric Ton. Forecasts from 2024 to 2028 show a steady decline in value, with values dropping from 2.3 to 1.55 Thousand Euros per Metric Ton over five years.
The year-on-year percentage variations reflect a consistent downward trend, with notable decreases of 8.26% in 2025, 9.00% in 2026, 9.90% in 2027, and 10.40% in 2028. The compound annual growth rate (CAGR) over the forecast period is approximately -9.39%.
Future trends to watch for include:
- Environmental legislation changes affecting the capture fisheries industry.
- Market demand fluctuations due to consumer preferences or economic conditions.
- Technological advancements in sustainable fishing practices.
- Impact of climate change on marine biodiversity and fish supply.