In 2023, the production value of whole frozen shrimps and prawns in capture fisheries in Italy stood at an established benchmark as subsequent years are forecasted figures. From 2024 to 2028, there is a steady year-on-year growth in production value, increasing by approximately 3.05% annually in thousand euros per metric ton. The compound annual growth rate (CAGR) over the five-year forecast period is about 2.86%, reflecting sustained demand and potential enhancements in capture efficiency.
Future trends to watch for include:
- Technological advancements in fishing and freezing techniques that could improve yield.
- Market dynamics affecting the pricing, such as natural habitat conditions and regulatory changes.
- Growing emphasis on sustainable fishing practices that might influence production processes.
