The forecast for total tunas, bonitos, and billfishes production in capture fisheries for industrial processing in Italy shows a consistent decline from 2024 to 2028. Starting from 1.61 thousand euros per metric ton in 2024, it decreases annually, reaching 1.44 in 2028. Compared to the 2023 figure, this indicates a steady reduction over the forecasted period. The year-on-year decline is approximately 2.48% from 2024 to 2028, with a cumulative average growth rate (CAGR) reflecting an average annual decline over this five-year period.
Future trends to watch for include:
- Changing consumer demand for canned and processed fish products, potentially influencing prices and production strategies.
- Technological advancements in fishing and processing that could impact efficiency and cost.
- Environmental regulations and sustainability measures affecting fishing practices and resource availability.
- Potential impacts of geopolitical events or economic changes on trade and industry profitability.
