The Italian juvenile freshwater and diadromous fishes farming industry demonstrated fluctuating trends from 2013 to 2023, with substantial volatility. The highest growth occurred between 2014 and 2015, with an impressive 39.18% increase. However, the market experienced significant downturns, particularly in 2017 and 2021, with declines of 34.4% and 36.51% respectively. In 2023, the industry stood at 175.53 million units, having experienced a modest year-on-year growth of 0.84% from 2022. The average annual growth rate over the last five years has been 3.36%, indicating an overall positive but cautiously optimistic trend.
Looking forward, the forecasted data through 2028 indicates a markedly slower growth rate, with an average annual increase of 0.39%. Future trends to watch for include:
- Stabilization in the market following years of high volatility.
- Potential impacts of environmental regulations on farming practices.
- Technological advancements in aquaculture affecting productivity and outputs.
- Consumer demand shifts towards locally sourced and sustainable fish products.
Continuous monitoring of these factors will be crucial for stakeholders to adapt and capitalize on emerging opportunities within this sector.
