The forecast for whole fresh surmullet production value in Italy's capture fisheries from 2024 to 2028 shows a slight and consistent increase. The values are projected to increase annually by approximately 0.1 thousand euros per metric ton, demonstrating minimal growth. In 2023, the actual data was a touch lower at 11.13 thousand euros per metric ton, making the anticipated growth over the following years very modest. The Compound Annual Growth Rate (CAGR) over the forecast period from 2024 to 2028 remains relatively flat, close to 0.09% annually, reflecting a stable but stagnant market.
Future trends to watch for include:
- Potential policy changes in fisheries regulation that could impact production volumes or costs.
- Shifts in consumer demand for seafood, including preferences for sustainable fishing practices.
- The impact of climate change on marine ecosystems and fish stock availability, which could influence surmullet supply.