In 2023, Italy's sardine production for human consumption was 12.5 thousand metric tons. The forecast for 2024 through 2028 shows a consistent decline, with production values decreasing annually from 11.31 to 7.97 thousand metric tons. This indicates a year-on-year decrease of approximately 7.5% between 2024 and 2028. Observing these forecasts, the compound annual growth rate (CAGR) over the five-year period is projected to be negative.
Future trends to monitor:
- Changing consumer preferences and dietary trends in seafood consumption.
- Environmental and ecological impacts on sardine populations.
- Government policies affecting fishing quotas and sustainability initiatives.
- Technological advances in promoting and preserving capture fisheries.
