The production value of frozen sharks, rays, and chimaeras in Italy's capture fisheries is projected to increase steadily from 2024 to 2028. With 2024's value at 35.89 thousand euros, production is set to rise to 36.72 thousand euros by 2028. These figures indicate a consistent growth rate, with year-on-year percentage increases approximating 0.58% to 0.58%. The compound annual growth rate (CAGR) over these five forecasted years suggests a gradual expansion trend in production value.
Future trends to watch for include:
- An evaluation of technological advancements in fishing practices, which could impact production efficiency and cost.
- Environmental regulations and their influence on fisheries output, crucial for sustainable development.
- Shifts in consumer demand towards sustainable and eco-friendly seafood options, potentially affecting market dynamics.
