In 2023, the production of Fresh European Conger in capture fisheries in Italy stood significantly higher compared to the forecast for the coming years. From 2024 to 2028, the forecasted production shows a consistent downward trend with the projected volume declining sharply from 142.4 metric tons in 2024 to 40.5 metric tons in 2028. This represents a year-on-year decrease, underscoring a concerning trend. Over these five years, the Compound Annual Growth Rate (CAGR) is substantially negative, indicating a steep average annual decline.
Future trends to watch for include:
- Impact of environmental regulations on fishing practices.
- Changes in market demand influencing production incentives.
- Technological advancements in sustainable fisheries management.
- Potential recovery or further decline of conger eel populations.
