Forecast: Whole Fresh Cods, Hakes and Haddocks Production in Capture Fisheries in Italy

The forecast for whole fresh cods, hakes, and haddocks production in capture fisheries in Italy indicates a slight year-on-year decrease in value, moving from 6.39 thousand euros per metric ton in 2024 to 6.32 by 2028. This represents a slight decline, marking a negative trend. As of 2023, the market stood at a slightly higher value than the forecasted 2024 figures. The Compound Annual Growth Rate (CAGR) over the forecast period suggests a nominal negative trend in value, reflecting a decrease in economic return per metric ton for these fisheries.

Looking ahead, it is crucial to monitor:

  • Environmental policies affecting fisheries that could impact supply.
  • Consumer demand shifts towards sustainable seafood options.
  • Technological advancements in fishing techniques improving yield or cost-efficiency.

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