Forecast: Total European Anchovy Production in Capture Fisheries for Human Consumption in Italy

In 2023, Italy's European anchovy production stood at approximately 24.3 thousand metric tons. From 2024 through 2028, the forecasted production shows a steady annual increase, reaching 24.96 thousand metric tons by 2028. The year-on-year growth rates from 2024 to 2028 are relatively modest, depicting a stable upward trajectory. Specifically, the production volume is anticipated to grow by about 0.53% to 0.57% annually during this period, marking a consistent trend. The Compound Annual Growth Rate (CAGR) over this five-year span is projected to be around 0.54%.

Future trends to watch for include:

  • Potential impact of climate change on anchovy populations and availability.
  • Shifts in consumer demand which could influence fishing practices and production volumes.
  • Regulatory changes in the European Union impacting fishing quotas and sustainability practices.

Top Countries about Anchovy