The forecast for Fresh Raja Rays production in capture fisheries for human consumption in Italy from 2024 to 2028 indicates a gradual decline in value, falling from 2.64 Thousand Euros per metric ton in 2024 to 2.06 in 2028. This represents a year-on-year decrease of approximately 5.68% from 2024 to 2025, 5.62% from 2025 to 2026, 6.38% from 2026 to 2027, and 6.36% from 2027 to 2028. The five-year CAGR shows an average annual decline of 6.18%. In 2023, actual values were used, but specifics are unknown, establishing a transition to forecast values from 2024 onwards.
Future trends to watch for:
- Market adjustments due to changing consumer preferences for seafood alternatives.
- Potential impact of environmental policies aimed at sustainable fishing.
- Technological advancements in fisheries affecting productivity and value.
- Economic factors influencing currency fluctuations and raw product pricing.