The forecasted data for deepwater rose shrimp production in Italy show a consistent decline from 2024 to 2028. Starting at 24.426 million Euros in 2024, this figure drops sharply to 1.9154 million Euros by 2028. Comparing to previous records, the production value for 2023 stood at a higher level, indicating a notable downward trajectory. Between 2024 and 2025, the year-on-year reduction is significant, with an even sharper decline projected in the following years. The compound annual growth rate (CAGR) reflects a stark negative trend over the five-year forecast.
Future trends to watch for include:
- Efforts to stabilize or revitalize shrimp production might emerge in response to declining economic returns.
- Technological advancements or shifts towards more sustainable fishing practices could impact future production levels.
- Potential changes in consumer preferences and demand for alternative seafood could further influence the market landscape.
