The forecast for whole fresh smooth-hound production in capture fisheries for human consumption in Italy shows a steady increase from 2024 to 2028. In 2023, the production value stood at 5.72 thousand euros per metric ton. From 2024 onwards, there is a consistent annual increase of around 0.07 to 0.08 thousand euros per metric ton each year, leading to a Compound Annual Growth Rate (CAGR) of approximately 1.1% over the five-year forecast period.
Future trends to watch for include:
- Impact of climate change on marine ecosystems, potentially affecting catch volumes and market prices.
- Regulatory changes within EU fisheries management that could influence production scales in Italy.
- Shifts in consumer preferences towards sustainable and locally-sourced seafood.
- Technological advancements in fishing methods that may improve yield efficiency.