The forecast for Italy's production of whole fresh squids, cuttlefishes, and octopuses in capture fisheries suggests steady growth from 2024 to 2028. The value, expressed in million euros, is expected to increase annually. In 2023, the value was slightly lower than in 2024. Year-on-year growth shows a consistent upward trend, with each subsequent year displaying an increase in value. From 2024 to 2028, the compound annual growth rate (CAGR) offers a picture of steady growth over five years, indicating strong demand and market stability in Italy.
Future trends to watch for include:
- Potential impacts of climate change on marine life that could affect supply.
- Changing consumer preferences towards sustainable and locally sourced seafood impacting demand.
- Regulations and policies in marine conservation that could influence capture rates.