The production value of whole frozen shrimps and prawns in Italy's capture fisheries for 2024 to 2028 shows a steady upward trend, with expected increases each year. Starting at 33.4 thousand euros per metric ton in 2024 and rising to 37.39 thousand euros per metric ton by 2028, these figures indicate a compound annual growth rate (CAGR) of approximately 2.85% over this period. The year-on-year growth is consistent, averaging around 3% annually as it reflects past performance in similar increments from previous years leading to 2023.
Key future trends to watch include:
- The impact of sustainability practices on capture fisheries' operational costs.
- Potential changes in consumer demand due to health trends and dietary preferences.
- Regulatory adjustments within the EU affecting seafood imports and exports.
- Technological advancements in fishery methods and frozen food logistics.