The forecasted production value of sharks, rays, and chimaeras in capture fisheries in Italy shows a steady rise from €5.38 million in 2024 to €6.31 million by 2028. In 2023, the production value may be lower, although the exact figure is unspecified. From 2024 onwards, this anticipated growth reflects an increase of approximately 4.4% on average per year, indicating a compound annual growth rate (CAGR) of around 4.4%.
Future trends to watch for:
- Potential regulatory changes affecting capture fisheries.
- Shifts in demand for sustainable seafood options.
- Technological advancements enhancing fishing efficiency and sustainability.
- Environmental impacts influencing species population dynamics.
