The import value of fresh or chilled live cuttlefish and squid to Italy is forecasted to reach $116.56 million in 2024, representing an upward trend from 2023's figures. The year-on-year growth rate from 2024 to 2025 is approximately 2.95%, continuing to show incremental increases each year with a five-year CAGR reflecting robust demand. Notably, the import value consistently rises, indicating steady expansion in market size. Between 2023 and 2028, Italy will experience continual growth in imports.
Future trends to watch for include:
- Potential impacts of global climatic changes on marine life and availability.
- Shift in consumer preferences towards sustainable and eco-friendly seafood options.
- Trade policies and their effects on Italy’s import channels and pricing structures.