In 2023, the actual production value for whole fresh surmullet in capture fisheries for human consumption in Italy was 13.233 million Euros. The forecast for 2024 to 2028 shows a consistent decline, with year-on-year decreases of approximately 7.7%, 8.3%, 8.9%, and 9.7% respectively. The compound annual growth rate (CAGR) over these years is negative, indicating an average reduction in production value by 8.7% annually. These figures suggest a declining trend in both economic value and potentially in production volume.
Future trends to watch for:
- Market shifts towards sustainable fishing practices
- Impact of policy changes related to fishing quotas and environmental regulations
- Consumer preferences and demand for alternative fish varieties
- Technological advancements in fishing and aquaculture
