In 2023, Italy's production of cods, hakes, and haddocks in capture fisheries for human consumption was approximately 7.27 thousand metric tons. The forecast from 2024 to 2028 indicates a steady decline, with production values decreasing from 7.07 to 6.27 thousand metric tons, reflecting a year-on-year decline of about 2.83% from 2024 to 2025 and maintaining a similar trend onwards. The compound annual growth rate (CAGR) over this period is expected to show an average decline of approximately 2.86% per year.
Future trends to watch include:
- Potential impacts of sustainable fishing practices and environmental regulations.
- Shifts in consumer demand for alternative fish species or aquaculture products.
- Economic factors and global trade policies affecting fishery imports and exports.