In 2023, the whole fresh bogue production for human consumption in Italy stood at an actual value of 2.870 million euros. The forecasted data for 2024 shows a decline to 2.7284 million euros, continuing to decrease gradually each year, reaching 2.1786 million euros by 2028. This reflects a consistent annual decline, with the largest percentage drop in 2025 at 5.1%. Over the five-year period, the compound annual growth rate (CAGR) is projected to be -5.6%, indicating a shrinking market for fresh bogue in capture fisheries.
Future trends to watch for:
- Potential impact of regulatory changes on capture fisheries in Italy.
- Consumer shifts towards alternative sources of fish, possibly due to sustainability concerns.
- Technological advancements in fishing practices that could stabilize or increase production efficiency.
- Global market dynamics influencing Italy's supply and demand for bogue.
