Forecast: Whole Fresh Blue and Red Shrimp Production in Capture Fisheries in Italy

The forecast for whole fresh blue and red shrimp production in capture fisheries in Italy indicates a gradual increase from 2024 to 2028, with values rising from 24.4 to 24.94 thousand euros per metric ton. In 2023, the value stood slightly lower than the forecast for 2024, emphasizing a steady upward trend.

  • The year-on-year variation from 2024 to 2028 reflects a continuous growth of approximately 0.53% annually.
  • The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 0.53%, demonstrating consistent growth in value.

Future trends to watch include potential impact from environmental regulations and sustainable fishing practices, which could influence both production levels and market values. Additionally, economic conditions and consumer preferences towards sustainable seafood could further shape the industry landscape.

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