In 2023, the production value of whole fresh flounders, halibuts, and soles in Italy's capture fisheries was recorded at a baseline level, with forecasts predicting a progressive increase from 11.96 Thousand Euros Per Metric Ton in 2024 to 13.12 Thousand Euros Per Metric Ton in 2028. This represents consistent year-on-year growth rates of approximately 2.5% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years stands around 2.33%, indicating a stable upward trend.
Future trends to watch for include:
- Potential impacts of regulatory changes in the EU fisheries policies on production.
- Developments in sustainable fishing practices that might affect supply chains.
- Fluctuations in demand influenced by shifts in consumer preferences towards more sustainable and locally sourced seafood options.