In 2023, the Raja Rays production in capture fisheries in Italy was recorded at 2.70 Thousand Euros Per Metric Ton. Starting from 2024, a declining trend is forecasted, with production values decreasing progressively from 2.64 in 2024 to 2.06 by 2028. This represents a consistent annual decrease, where the year-on-year variation is approximately -5.7% from 2023 to 2024, and similarly paced declines each subsequent year. The compounded annual growth rate (CAGR) over these five years further highlights a steady negative trend in value.
Future trends to watch for include:
- Potential impacts of sustainability initiatives and regulatory changes on capture fisheries.
- Evolution of consumer demand for Raja Rays in both domestic and international markets.
- Technological advances that may alter the cost structure or profitability landscape of fishery operations.
