As of 2023, Italy's production of Rays, Stingrays, and Mantas in capture fisheries was valued at a certain figure. In 2024, the forecasts show a value of 2.22 thousand euros per metric ton. From 2024 to 2028, a consistent decline is forecasted, with values decreasing to 2.05 thousand euros per metric ton by 2028. The year-on-year decreases indicate subtle shifts, with an average annual decrease of 1.57% during this period, as evidenced by the Compound Annual Growth Rate (CAGR).
Future trends to watch for:
- Potential impacts of sustainable fishing practices on production values.
- Regulatory changes in the European Union's fishing policies.
- Market demand changes driven by shifts in consumer preferences and ecological awareness.
- Global climate change effects on marine biodiversity and fish populations.