In 2023, the total Blackbelly Rosefish production in capture fisheries in Italy stood at €1.1 million. Forecasts from 2024 to 2028 show a steady rise in production value, reaching €2.4899 million by 2028. This reflects a year-on-year growth of approximately 22% from 2024 to 2025, 18.5% from 2025 to 2026, 15.4% from 2026 to 2027, and 13.2% from 2027 to 2028. The five-year compound annual growth rate (CAGR) emphasizes an average annual increase of around 17% in the forecast period.
Future trends to watch include:
- Potential shifts in market demand due to changes in consumer preferences.
- Environmental regulations impacting capture fisheries practices.
- Technological advancements improving catch efficiency and sustainability.
