The forecasted values for Fresh Big-Scale Sand Smelt Production in Italy's capture fisheries indicate a gradual increase from 2024 to 2028. In 2023, the actual price stood at 6.49 thousand euros per metric ton. Each subsequent year sees a consistent increase of approximately 0.31%, reflecting a stable upward trend. This trend suggests a compounded annual growth rate (CAGR) of 0.31% for the period 2024-2028.
Future trends to watch for:
- Impact of climate change on the marine ecosystem affecting fish availability.
- Shifting consumer preferences towards sustainable seafood products.
- Possible regulatory changes influencing fishing practices and capacities.
