Forecast: Total Surmullet Production in Capture Fisheries for Human Consumption in Italy

The forecast for surmullet production in capture fisheries in Italy from 2024 to 2028 indicates a consistent year-on-year decrease in value. From 2024 to 2028, the values drop from 13.39 million Euros to 9.4106 million Euros. This sequential decline shows a negative compounded annual growth rate (CAGR), suggesting the industry's contraction. In 2023, before the forecast period, the value was higher, signaling a trend of diminishing production or economic value.

Future trends to watch for:

  • Potential causes for the decline, such as overfishing, regulatory changes, and environmental concerns.
  • Possible shifts in consumer demand or substitution with alternative fish species.
  • Technological advancements in fishing practices and sustainability efforts.
  • Market and policy responses to stimulate this sector should the downward trend continue.

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