In 2023, the production of fresh giant red shrimp in Italy was approximately 1.15 thousand metric tons. From 2024 onward, forecasts indicate a slight decline to 1.14 thousand metric tons, which remains consistent through 2028. The year-on-year change from 2024 to 2028 is stable, showing a negligible variation of approximately -0.87% from 2023 to 2024, followed by no appreciable change beyond that. The Compound Annual Growth Rate (CAGR) over this period is close to zero, indicating minimal change in overall production levels.
Future trends to watch for:
- Potential impacts of regulatory changes on fishing quotas could affect future production.
- Environmental factors, such as climate change, may influence shrimp populations and harvest yields.
- Technological advancements in capture methods or sustainability practices might alter production efficiency.