In 2023, Italy's fresh nursehound production in capture fisheries stood at €18,500. The forecast for 2024 is €19,870, indicating a year-on-year increase of 7.4%. From 2024 to 2028, forecasts show continuous growth with notable yearly increases of 7.0%, 6.5%, 6.1%, and 5.7% respectively. This results in a cumulative average growth rate (CAGR) of approximately 6.54% over the five-year period, reflecting a strong upward trajectory in this fishery segment.
Future trends to watch for include:
- The impact of environmental regulations on fisheries sustainability.
- Potential shifts in consumer preferences towards sustainably sourced seafood.
- Technological advancements in capture methods that may boost production efficiency.
- Global economic factors influencing demand and pricing strategies.
