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.