In 2023, the fresh sandy ray production in capture fisheries for human consumption in Italy stood at 7.80 thousand euros. With all forecasted data starting in 2024, the trajectory indicates a gradual increase from 8.58 thousand euros in 2024 to 11.88 thousand euros by 2028. This represents year-on-year growth of approximately 9.8% in 2025, 8.8% in 2026, 8.0% in 2027, and 7.3% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at 8.3%.
Future trends to watch for include:
- The impact of environmental policies on sustainable fishing practices.
- Changes in consumer preferences towards marine products.
- Economic factors influencing consumer buying power and seafood consumption.
- Advancements in fishing technology and methods improving yield.