The forecast for Fresh Flathead Grey Mullet production in capture fisheries for human consumption in Italy shows a declining trend from 2024 to 2028. In 2023, the production stood at €156.20, and by 2024, it is projected to decrease to €146.76 thousand, with further declines each year reaching €112.07 thousand by 2028.
Year-on-year variation indicates a decreasing trend:
- 2024: A decline of 6.05%
- 2025: A decline of 5.98%
- 2026: A decline of 6.32%
- 2027: A decline of 6.68%
- 2028: A decline of 7.08%
The compound annual growth rate (CAGR) from 2024 to 2028 projects an average annual decrease of approximately 4.74%.
Future trends to watch for include potential impacts from environmental policies, sustainability practices, and changes in consumer demand, which could stabilize or alter the current forecasted decline in production.