The forecast for fresh lesser flying squid production in capture fisheries for human consumption in Italy sees a gradual increase in value from 2024 to 2028, with figures rising from 7.33 to 7.91 thousand euros per metric ton. This reflects a consistent annual growth rate. As of 2023, the value stood just below the 2024 figure, showcasing a steady upward trend.
Year-on-year increases from 2024 through 2028 range between approximately 2% and 2.1%. The five-year compound annual growth rate (CAGR) signifies a stable upward trajectory year-over-year.
Future trends to watch include potential shifts in demand driven by changes in consumer preferences, regulatory impacts on capture fisheries, and broader economic conditions affecting production costs and pricing. Monitoring these factors will be crucial for stakeholders in this market.
