The forecast for fresh Northern Prawn production in Italy's capture fisheries anticipates a steady increase over the next five years, from 207.3 metric tons in 2024 up to 223.1 metric tons by 2028. The 2023 production level served as a basis for this upward trend, with expected annual growth showcasing a consistent increase.
Year-on-year growth rates indicate a promising rise: 2.6% growth from 2024 to 2025, followed by 2.1% for 2025 to 2026, and tapering to 1.6% in 2026 to 2027, then 1.2% in 2027 to 2028. The compound annual growth rate (CAGR) for this five-year period is a steady 1.8%.
Future trends to watch for include potential changes in fishing policies affecting the prawn industry, technological advancements in fishing techniques, and environmental impact considerations that may influence production levels.
