In 2023, the whole fresh black scorpionfish production in capture fisheries in Italy stood at a recorded value higher than projected for 2024. From 2024 onwards, forecasts indicate a steady year-on-year decline in value, with a decrease of 8.7% in 2025, 9.6% in 2026, 10.1% in 2027, and 11% in 2028. Over this forecasted period (2024-2028), the compound annual growth rate (CAGR) reveals a negative trend, confirming a market contraction for the species.
Future trends to watch for:
- Environmental and regulatory impacts on capture fisheries.
- Shift in consumer preferences and demand for alternative species.
- Technological advancements in sustainable fishing practices.
- Impact of climate change on marine ecosystems and fish populations.
