The forecast for fresh silver scabbardfish production in capture fisheries for human consumption in Italy shows a consistent downward trend from 2024 to 2028. The production value is expected to decline from 1.6435 million euros in 2024 to 1.0571 million euros in 2028. In 2023, the production was slightly higher, implying that the decline initiated post-2023.
Year-on-year analysis indicates a decrease in value by 9% in 2025, 9.87% in 2026, 10.82% in 2027, and 12.03% in 2028. The Compound Annual Growth Rate (CAGR) over the last five years reflects a steady average fall, highlighting challenges in the sustainability and demand for silver scabbardfish in Italy.
Future trends to watch for include changes in consumer preferences towards seafood, potential policy shifts in fisheries management, and environmental impacts on fisheries that might influence production volumes and value. Adapting to sustainable practices and exploring alternative fishery markets could help mitigate the forecasted decline.
