The forecast for fresh brown meagre production in capture fisheries for human consumption in Italy indicates a steady decline in value, from €10.77 thousand per metric ton in 2024 to €10.6 thousand in 2028. As of 2023, the value stood slightly higher than the projection for 2024, reinforcing the downward trend projected over the next five years. The year-on-year decline is modest, reflecting a consistent but gradual decrease in value. The compound annual growth rate (CAGR) over this forecast period suggests an overall decline in value, indicating a challenge in sustaining the market value relative to inflation and demand pressures.
Future trends to watch include:
- Impact of sustainability practices on capture fisheries.
- Potential regulatory changes affecting production and export.
- Evolving consumer preferences towards alternative fish species or plant-based proteins.
- Technological advancements in fishing and processing methods that could alter cost structures.