In 2023, the value of Fresh Shortnose Greeneye production in capture fisheries for human consumption in Italy stood at a higher benchmark. The forecast from 2024 indicates a steady decline: from 2.17 thousand euros per metric ton in 2024, it drops to 1.27 thousand euros by 2028. This reflects a significant decrease with an annual average variation (CAGR) highlighting a downward trend over five years. The reduction ranges from losing 10.6% to 15.3% year-on-year, showcasing notable volatility and challenges in sustaining value.
Future trends to watch for include changes in consumer demand, environmental regulations impacting capture fisheries, and advancements in fishing technology that could influence production costs and market prices. Additionally, economic and geopolitical factors may affect the fishing industry's viability and sustainability in Italy.
