The forecasted total shrimp production in capture fisheries in Italy shows a gradual decline from 2024 to 2028, with values decreasing from 8.25 to 7.87 thousand euros per metric ton. In 2023, the indicator stood at an estimated 8.35 thousand euros per metric ton. The year-on-year percentage change approximates a decrease of 1.21% per annum over the forecasted period. Over the next five years, the compound annual growth rate (CAGR) suggests a steady decline of approximately 1.17% annually. The continuation of this trend reflects a consistent downward trajectory in value.
Future trends to watch include potential shifts in consumer preferences towards sustainable seafood, environmental regulations affecting capture fisheries, and technological advancements in aquaculture that might impact the production and value of shrimp in Italy.
