In 2023, the export volume of fish body oil in Italy was recorded at 310.0 metric tons. The forecasted data for the following years shows the exports increasing to 320.0 metric tons in 2024, representing a year-on-year growth of 3.2%. The volume is projected to rise steadily, reaching 350.0 metric tons by 2028, with a Compound Annual Growth Rate (CAGR) of approximately 2.5% from 2024 to 2028. Notably, the year 2027 sees a stabilization with no change from 2026, implying potential market saturation.
Future trends to watch include:
- Potential impacts of environmental regulations on fishing and oil production
- Technological advancements in fish oil extraction enhancing efficiency and sustainability
- Shifts in global dietary trends increasing demand for fish body oil
