The forecasted production value of Whole Fresh Smooth-hound in Italian capture fisheries shows a steady upward trend from 2024 onwards. Starting at 3.03 million euros in 2024, it is expected to reach 3.82 million euros by 2028. The year-on-year growth rate from 2024 to 2025 is approximately 6.58%, and this consistent growth pattern indicates a CAGR of around 6.1% over this five-year period. In 2023, the actual production value was slightly above 2.8 million euros.
Future trends to watch for include the impact of environmental regulations, shifts in consumer preferences towards sustainable seafood, and potential technological advancements in fisheries management. These factors could influence the growth trajectory and market opportunities within the industry.
