The production of whole fresh shrimps and prawns in capture fisheries for human consumption in Italy is showing a declining trend from 2024 to 2028. In 2023, the value stood at an estimated 105 million Euros. The forecasted data indicates a consistent annual decline, with the production value decreasing by approximately 9.47% from 2024 to 2025, 10.34% from 2025 to 2026, 11.44% from 2026 to 2027, and 12.81% from 2027 to 2028. Over the entire forecasted period, the compound annual growth rate (CAGR) reflects a negative average annual decline, signaling a significant drop by 2028.
Future trends to watch for include:
- Environmental and regulatory factors affecting fisheries and potential limitations on capture quotas.
- Technological advancements in fishing methods that may enhance efficiency or sustainability.
- Shifts in market demand domestically and globally, potentially altering economic incentives.
- Impact of climate change on marine biodiversity affecting shrimp and prawn populations.
