Forecast: Whole Fresh Marine Crustaceans Production in Capture Fisheries in Italy

The production value of whole fresh marine crustaceans in capture fisheries in Italy has experienced significant volatility over the past decade. Between 2013 and 2023, the sector saw a pronounced decline from 2014 to 2020, with values dropping to as low as 0.732 million Euros in 2020. This was followed by a stark decrease in 2022 but an extraordinary rebound in 2023, reaching 3.4987 million Euros. The CAGR over the last five years (2018-2023) indicates an average annual growth rate of 24.51% due to this recent surge.

Future trends are promising, with forecasts predicting a rise in production value from 2024 onward. By 2028, the sector is expected to grow at an average annual rate of 9.74%, resulting in substantial overall growth. Key trends to watch include technological advancements in fishing practices, regulatory changes, and shifts in consumer demand towards sustainable seafood options.

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