In 2023, Italy's production of fresh pink cuttlefish in capture fisheries for human consumption stood at an unspecified amount. The forecast indicates a significant downward trend from 2024 to 2028: starting at 8.4 metric tons in 2024, declining to 3.6 metric tons by 2028. This represents a year-on-year decline of 19% from 2024 to 2025, a 19.1% decrease from 2025 to 2026, 20% from 2026 to 2027, and an 18.2% drop from 2027 to 2028. The compound annual growth rate over this period is an average decline of approximately 18.06%.
Future trends to watch for:
- Efforts to stabilize or reverse the declining trend in cuttlefish production through sustainable fishing practices.
- Potential impacts of environmental changes and regulations on fisheries output.
- Shifts in consumer demand and market preferences affecting the supply chain and pricing strategies.