In 2023, Italy imported frozen dogfish, other sharks, rays, and skates fillets valued at approximately 1.53 million USD. Forecasts indicate a continuous growth trend, with imports projected to reach 2.0463 million USD by 2028. This represents a compound annual growth rate (CAGR) of approximately 5.67% from 2024 to 2028.
Year-on-year percentage increases show a strong upward trend, with growth rates steadying around 6.5% annually. This reflects a robust and growing demand for these products in Italy.
Future trends to watch for include:
- Fluctuations in global seafood markets that could affect pricing and availability.
- Potential regulatory changes in fisheries management that might impact supply chains.
- Shifts in consumer preferences towards sustainable seafood, which may influence demand and sourcing strategies.