The total whiting fish production in capture fisheries in Italy is witnessing a consistent year-on-year decline from 2024 to 2028. In 2023, the production stood at 420 metric tons. By 2024, the production is projected at 384.9 metric tons, marking an 8.3% decrease as compared to 2023. Each subsequent year sees further declines: 2025 will see a 9.5% drop from 2024, 2026 a 10.4% decrease from 2025, 2027 a 11.6% fall from 2026 and finally, 2028 production is expected to decrease by 12.9% from 2027. The compound annual growth rate (CAGR) over this forecast period predicts a steady downward trend.
For future trends to watch for:
- Impact of environmental policies on capture fisheries.
- Technological advancements in sustainable fishing practices.
- Changes in consumer preferences towards sustainably sourced seafood.
- The effect of climate change on fish population and distribution.
- Potential market shifts caused by alternative protein sources.
