As of 2023, the total marine fishes production in capture fisheries in Italy was valued at 5.67 thousand euros per metric ton. Forecasted data indicates a gradual decline in value from 2024 through 2028, starting at 5.63 thousand euros per metric ton in 2024 and reaching 5.48 by 2028. This represents a year-on-year reduction of approximately 0.7% over this period. The compound annual growth rate (CAGR) across these five years is approximately -0.54%, showcasing a consistent, though slight, decline in value.
Future trends to watch for include:
- Environmental regulations impacting fishing practices and yields.
- Market demand fluctuations influenced by consumer preferences towards sustainability.
- Technological advancements in capture fisheries which could potentially optimize costs and improve yield efficiency.