Forecast: Frozen Sharks, Rays, Chimaeras Production in Capture Fisheries in Italy

In 2023, the production of frozen sharks, rays, and chimaeras in Italy's capture fisheries stood at an estimated volume that was consistent with historical values. From 2024 onwards, forecasts indicate a steady increase in production, rising from 8.5 metric tons in 2024 to 9.3 metric tons in 2028. The year-on-year growth shows a progressive upward trend, with an average annual growth rate of approximately 2.3% based on the compound annual growth rate (CAGR) over the five-year forecast period.

Future trends to watch for include:

  • Advancements in sustainable fishing practices which could impact production volumes.
  • Regulatory changes related to marine conservation which could affect catch limits and production.
  • Market demand fluctuations driven by consumer preferences towards more environmentally sustainable seafood options.

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