The import of live fish into Italy is projected to decline slightly over the next five years. Starting from a forecasted value of 20.011 million USD in 2024, imports are expected to decrease to 17.016 million USD by 2028. This marks a consistent downward trend with a noticeable year-on-year percentage reduction. From 2023, where actual values were slightly higher, the compounded annual growth rate (CAGR) over the forecast period reflects a steady decline. In 2023, the value of imports was recorded at approximately the 2024 forecast level.
Future trends to watch for include:
- Potential impacts of regulatory changes in fish import policies.
- Fluctuations in global fish stock availability and price.
- Environmental sustainability practices influencing the fish trade.
- Technological advancements in aquaculture reducing dependence on imports.