Forecast: Fresh Mediterranean Moray Production in Capture Fisheries in Italy

In 2023, the production value of fresh Mediterranean moray in Italy's capture fisheries was at a certain baseline, from which we notice a successive decline in subsequent years. The forecast indicates a consistent annual decrease in value from 2024 through 2028, amounting to a 15.6% drop over five years. The compounded annual growth rate (CAGR) is negative, reflecting an average decrease in value over the period.

Future trends to watch for in this sector include potential shifts in consumer preferences, environmental impacts on moray populations, and regulatory changes affecting fisheries. Exploration of alternative markets or value-added products could mitigate declining trends.

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