Forecast: Total Norway Lobster Production in Capture Fisheries for Human Consumption in Italy

In 2023, the production value for Norway Lobster in Italian capture fisheries stood below the forecasted estimates that start from 2024 at 23.8 thousand euros per metric ton. The forecasted data shows a consistent year-on-year increase in production value, with a 1.05% growth from 2024 to 2025, continuing at a similar rate to reach 24.78 thousand euros per metric ton by 2028. The compound annual growth rate (CAGR) between 2024 and 2028 is approximately 1.1%.

Future trends to watch for include:

  • Potential fluctuations in production costs or market demand that could impact forecasted values.
  • Environmental regulations and changes in fisheries management affecting supply sustainability.
  • Shifts in consumer preferences towards sustainable seafood potentially influencing market dynamics.

Top Countries about Wild Fisheries