In 2023, the actual value of whole frozen shellfish production in Italy stood at 22.595 million euros. The forecast from 2024 to 2028 shows a declining trend with values dropping yearly. The year-on-year decrease from 2024 to 2025 is 21%, from 2025 to 2026 is 26%, from 2026 to 2027 is 35%, and from 2027 to 2028 is 53%. Over the 5-year period, the compound annual growth rate (CAGR) reflects a significant average annual decline of 23.6%.
Future trends to watch for include:
- Environmental regulations impacting capture fisheries.
- Shifts in consumer demand towards sustainable seafood options.
- Potential technological advancements in aquaculture that could reshape industry dynamics.
- Global economic factors affecting export markets for Italian shellfish.