As of 2024, the forecasted production of whole fresh European flounder in Italy's capture fisheries is set at 321.8 thousand euros. This marks an increase from the previous year, showcasing a positive year-on-year growth trend. The year-on-year growth is projected at approximately 4% in subsequent years, leading to a value of 374.7 thousand euros by 2028. This results in a compound annual growth rate (CAGR) of around 3% over the five-year forecast period.
Future trends to watch for include:
- Changes in EU fisheries regulations or quotas affecting Italian production levels.
- Potential impacts of climate change on flounder habitats and populations.
- Shifts in consumer demand or market preferences towards more sustainable seafood options.