Forecast: Total Cods, Hakes and Haddocks Production in Capture Fisheries for Human Consumption in Italy

In 2023, the total production of cods, hakes, and haddocks in capture fisheries for human consumption in Italy was valued at €49.5 million. Starting in 2024, the forecasted year-over-year growth rates for the subsequent years are as follows: 2024 (4.5%), 2025 (3.2%), 2026 (3.0%), 2027 (2.9%), and 2028 (2.8%). Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be 3.3%, indicating a steady upward trend in the sector.

Future trends to watch for:

  • Potential impacts of climate change on fisheries' productivity and distribution.
  • Shifts in consumer preferences towards sustainably sourced seafood.
  • Regulatory changes affecting fishing quotas and practices.

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