Forecast: Whole Fresh Squids Production in Capture Fisheries in Italy

The forecast for whole fresh squids production in capture fisheries in Italy from 2024 to 2028 shows a steady increase in value expressed in thousand euros per metric ton. Starting at 10.0 in 2024, there is an anticipated gradual rise, reaching 12.79 by 2028. Compared to 2023, where the value stood around 9.25, forthcoming years reflect a positive growth trend. The average year-on-year growth rate from 2024 to 2028 appears to hover around 6.2%, with the compound annual growth rate (CAGR) showing similar robustness over this forecast period.

Future trends to watch for include potential impacts of environmental regulations and technological advancements in fishing practices, both of which could influence production efficiency and sustainability. Additionally, fluctuations in market demand, influenced by consumer preferences for seafood and economic conditions in Italy and the broader European market, also warrant attention.

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