In 2023, the total production of blonde ray in capture fisheries for human consumption in Italy was established as a baseline figure for comparison. From 2024 onwards, a steady growth trend is projected with values increasing from 9.22 to 12.68 thousand euros per metric ton by 2028. Annually, this represents a year-on-year increase of between approximately 9% and 10%. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual growth of about 8.13%.
Future trends to watch for:
- Impact of sustainable fishing practices on production volumes.
- Changes in consumer demand that could affect price and production rates.
- Potential regulatory changes influencing the fishing industry's operational dynamics.