Forecast: Total Red Mullet Production in Capture Fisheries in Italy

The forecast for Italy's red mullet production in capture fisheries from 2024 to 2028 indicates a consistent decline. Starting from 2.29 thousand metric tons in 2024, production is expected to decrease significantly to 0.8241 thousand metric tons by 2028. This represents a year-on-year decrease of 16.59% from 2024 to 2025, 18.85% from 2025 to 2026, 23.87% from 2026 to 2027, and 30.17% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is estimated to be negative, showing an annual average decrease of 24.08%.

Future trends to watch for include:

  • Impact of fishing regulations aimed at conserving fish stocks.
  • Changes in consumer demand and potential shifts to aquaculture.
  • Environmental factors, such as climate change, affecting marine ecosystems.

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