In 2023, the actual production of Frozen Shi Drum in Italy stood at 12.2 metric tons. Forecasts from 2024 to 2028 project a steady increase, with production reaching 14.3 metric tons by 2028. The year-on-year growth rates show modest but consistent increments: 4.7% in 2025, 3% in 2026, 2.9% in 2027, and 1.4% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period averages at 3.5%, indicating a healthy growth trajectory.
Future trends to watch for:
- Changes in consumer preferences towards sustainable fishing practices could influence production volumes.
- Potential regulatory changes in EU fisheries policies may impact Italy’s fishing quotas.
- Technological advancements in fishing and preservation could enhance productivity and efficiency.
- Global market dynamics and trade agreements might affect export potential and competitiveness.