In 2023, Italy's Great Mediterranean Scallop production in capture fisheries for human consumption stood at approximately 130.8 metric tons. The forecasted data for 2024 indicates a production increase to 134.4 metric tons. This upward trend continues year-on-year with a growth of approximately 2.8% until 2025, reaching 138.1 metric tons, followed by a steady increase to 141.9 metric tons in 2026, 145.6 metric tons in 2027, and 149.4 metric tons by 2028.
The compounded annual growth rate (CAGR) over the five-year forecast period (2024-2028) is approximately 3.4%, demonstrating a stable upward trend in production.
Future trends to watch for include:
- Technological advancements in fishing techniques to improve yield.
- Environmental policies that may impact fishing regulations and quotas.
- Changing consumer preferences towards sustainable seafood, potentially affecting demand.
- Global economic factors influencing the price and trade of scallops.