In 2023, Italy's import of fresh or chilled shrimps and prawns stood at a higher level than the forecasted value for 2024, which is projected at 16.393 million USD. A declining trend is observed from 2024 to 2028, with values dropping yearly down to 15.652 million USD in 2028. The year-on-year percentage decrease is consistent, indicating a gradual reduction. Over a five-year period, the compound annual growth rate (CAGR) suggests a slight downward trajectory.
Future trends to watch for:
- Potential impacts of economic changes in global shrimp and prawn production.
- Shifts in consumption patterns driven by health and sustainability considerations in Italy.
- Trade policy adjustments between Italy and exporting countries, especially post-COVID-19 economic adjustments.