Forecast: Fresh Garfish Production in Capture Fisheries in Italy

In 2023, the fresh garfish production in capture fisheries in Italy stood at an estimated value of 24.9 metric tons. Starting from 2024, a consistent decrease is forecasted through 2028, with production values declining from 24.3 metric tons to 22.5 metric tons. The year-on-year decrease from 2024 to 2025 is approximately 2.5%, while from 2025 to 2026 is about 2.1%. In the following years, the decline slows slightly, with a 1.7% decrease from 2026 to 2027 and a 1.3% decrease from 2027 to 2028. The compound annual growth rate (CAGR) for this period is projected to be negative, indicating a steady decline in production over five years.

Future trends to watch for include:

  • Environmental regulations and policies impacting fishing activities.
  • Climate change effects on marine life and catch volumes.
  • Technological advancements in sustainable fishing methods.
  • Market demand shifts potentially influenced by consumer preferences for sustainable seafood options.

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