Based on the forecasted data for whole fresh poor cod production in capture fisheries in Italy, there is a clear declining trend from 2024 to 2028. In 2023, the production was standing at 350 metric tons, indicating a steep drop in the subsequent years. From 2024 to 2025, the production is expected to decrease by approximately 10.7%. The trend continues with a similar reduction in production, declining progressively each year. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is negative, highlighting an average annual decrease in production.
Future trends to watch for include:
- Potential impacts of regulatory changes on fishing practices and quotas.
- Effects of environmental factors such as climate change on fish populations.
- Shifts in consumer preferences impacting the demand for poor cod.