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.