Forecast: Whole Fresh Sandy Ray Production in Capture Fisheries in Italy

In 2023, Italy's capture fisheries recorded 1.6 metric tons of whole fresh sandy ray production. Forecasts for 2024 to 2028 indicate a steady decline, reaching just 0.3 metric tons in 2028. Year-on-year percentage change reveals the following trend: 2024 forecasted at -18.75% from 2023, 2025 at -15.38%, 2026 at -27.27%, 2027 at -37.5%, and 2028 at -40%. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 projects an average annual decrease of 26.78%.

Future trends to watch for:

  • Efforts to replenish stocks through sustainable fishing practices.
  • Potential regulatory changes affecting catch quotas and fishing methods.
  • Market responses to declining supply and potential increases in sandy ray prices.

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