Table of Content

1 Market Overview

• 1.1 Product Definition and Market Characteristics
• 1.2 Global Aquaculture Cages Market Size
• 1.3 Market Segmentation
• 1.4 Global Macroeconomic Analysis
• 1.5 SWOT Analysis

2. Market Dynamics

• 2.1 Market Drivers
• 2.2 Market Constraints and Challenges
• 2.3 Emerging Market Trends
• 2.4 Impact of COVID-19
  • 2.4.1 Short-term Impact
  • 2.4.2 Long-term Impact

3 Associated Industry Assessment

• 3.1 Supply Chain Analysis
• 3.2 Industry Active Participants
  • 3.2.1 Suppliers of Raw Materials
  • 3.2.2 Key Distributors/Retailers
• 3.3 Alternative Analysis
• 3.4 The Impact of Covid-19 From the Perspective of Industry Chain

4 Market Competitive Landscape

• 4.1 Industry Leading Players
• 4.2 Industry News
  • 4.2.1 Key Product Launch News
  • 4.2.2 M&A and Expansion Plans

5 Analysis of Leading Companies

• 5.1 Egersund Group
  • 5.1.1 Egersund Group Company Profile
  • 5.1.2 Egersund Group Business Overview
  • 5.1.3 Egersund Group Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.1.4 Egersund Group Aquaculture Cages Products Introduction
• 5.2 Aqualine
  • 5.2.1 Aqualine Company Profile
  • 5.2.2 Aqualine Business Overview
  • 5.2.3 Aqualine Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.2.4 Aqualine Aquaculture Cages Products Introduction
• 5.3 AKVA group
  • 5.3.1 AKVA group Company Profile
  • 5.3.2 AKVA group Business Overview
  • 5.3.3 AKVA group Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.3.4 AKVA group Aquaculture Cages Products Introduction
• 5.4 Selstad
  • 5.4.1 Selstad Company Profile
  • 5.4.2 Selstad Business Overview
  • 5.4.3 Selstad Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.4.4 Selstad Aquaculture Cages Products Introduction
• 5.5 Badinotti Group
  • 5.5.1 Badinotti Group Company Profile
  • 5.5.2 Badinotti Group Business Overview
  • 5.5.3 Badinotti Group Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.5.4 Badinotti Group Aquaculture Cages Products Introduction
• 5.6 G& A International
  • 5.6.1 G& A International Company Profile
  • 5.6.2 G& A International Business Overview
  • 5.6.3 G& A International Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.6.4 G& A International Aquaculture Cages Products Introduction
• 5.7 Garware Technical Fibres
  • 5.7.1 Garware Technical Fibres Company Profile
  • 5.7.2 Garware Technical Fibres Business Overview
  • 5.7.3 Garware Technical Fibres Aquaculture Cages Sales, Revenue, Average Selling Price and Gross Margin (2015-2020)
  • 5.7.4 Garware Technical Fibres Aquaculture Cages Products Introduction

6 Market Analysis and Forecast, By Product Types

• 6.1 Global Aquaculture Cages Sales, Revenue and Market Share by Types (2015-2020)
  • 6.1.1 Global Aquaculture Cages Sales and Market Share by Types (2015-2020)
  • 6.1.2 Global Aquaculture Cages Revenue and Market Share by Types (2015-2020)
  • 6.1.3 Global Aquaculture Cages Price by Types (2015-2020)
• 6.2 Global Aquaculture Cages Market Forecast by Types (2020-2025)
  • 6.2.1 Global Aquaculture Cages Market Forecast Sales and Market Share by Types (2020-2025)
  • 6.2.2 Global Aquaculture Cages Market Forecast Revenue and Market Share by Types (2020-2025)
• 6.3 Global Aquaculture Cages Sales, Price and Growth Rate by Types (2015-2020)
  • 6.3.1 Global Aquaculture Cages Sales, Price and Growth Rate of Mariculture
  • 6.3.2 Global Aquaculture Cages Sales, Price and Growth Rate of Coastal Aquaculture
  • 6.3.3 Global Aquaculture Cages Sales, Price and Growth Rate of Freshwater Aquaculture
• 6.4 Global Aquaculture Cages Market Revenue and Sales Forecast, by Types (2020-2025)
  • 6.4.1 Mariculture Market Revenue and Sales Forecast (2020-2025)
  • 6.4.2 Coastal Aquaculture Market Revenue and Sales Forecast (2020-2025)
  • 6.4.3 Freshwater Aquaculture Market Revenue and Sales Forecast (2020-2025)

7 Market Analysis and Forecast, By Applications

• 7.1 Global Aquaculture Cages Sales, Revenue and Market Share by Applications (2015-2020)
  • 7.1.1 Global Aquaculture Cages Sales and Market Share by Applications (2015-2020)
  • 7.1.2 Global Aquaculture Cages Revenue and Market Share by Applications (2015-2020)
• 7.2 Global Aquaculture Cages Market Forecast by Applications (2020-2025)
  • 7.2.1 Global Aquaculture Cages Market Forecast Sales and Market Share by Applications (2020-2025)
  • 7.2.2 Global Aquaculture Cages Market Forecast Revenue and Market Share by Applications (2020-2025)
• 7.3 Global Revenue, Sales and Growth Rate by Applications (2015-2020)
  • 7.3.1 Global Aquaculture Cages Revenue, Sales and Growth Rate of Carp (2015-2020)
  • 7.3.2 Global Aquaculture Cages Revenue, Sales and Growth Rate of Molluscs (2015-2020)
  • 7.3.3 Global Aquaculture Cages Revenue, Sales and Growth Rate of Crustaceans (2015-2020)
  • 7.3.4 Global Aquaculture Cages Revenue, Sales and Growth Rate of Salmon (2015-2020)
  • 7.3.5 Global Aquaculture Cages Revenue, Sales and Growth Rate of Trout (2015-2020)
  • 7.3.6 Global Aquaculture Cages Revenue, Sales and Growth Rate of Other Fish (2015-2020)
• 7.4 Global Aquaculture Cages Market Revenue and Sales Forecast, by Applications (2020-2025)
  • 7.4.1 Carp Market Revenue and Sales Forecast (2020-2025)
  • 7.4.2 Molluscs Market Revenue and Sales Forecast (2020-2025)
  • 7.4.3 Crustaceans Market Revenue and Sales Forecast (2020-2025)
  • 7.4.4 Salmon Market Revenue and Sales Forecast (2020-2025)
  • 7.4.5 Trout Market Revenue and Sales Forecast (2020-2025)
  • 7.4.6 Other Fish Market Revenue and Sales Forecast (2020-2025)

8 Market Analysis and Forecast, By Regions

• 8.1 Global Aquaculture Cages Sales by Regions (2015-2020)
• 8.2 Global Aquaculture Cages Market Revenue by Regions (2015-2020)
• 8.3 Global Aquaculture Cages Market Forecast by Regions (2020-2025)

9 North America Aquaculture Cages Market Analysis

• 9.1 Market Overview and Prospect Analysis
• 9.2 North America Aquaculture Cages Market Sales and Growth Rate (2015-2020)
• 9.3 North America Aquaculture Cages Market Revenue and Growth Rate (2015-2020)
• 9.4 North America Aquaculture Cages Market Forecast
• 9.5 The Influence of COVID-19 on North America Market
• 9.6 North America Aquaculture Cages Market Analysis by Country
  • 9.6.1 U.S. Aquaculture Cages Sales and Growth Rate
  • 9.6.2 Canada Aquaculture Cages Sales and Growth Rate
  • 9.6.3 Mexico Aquaculture Cages Sales and Growth Rate

10 Europe Aquaculture Cages Market Analysis

• 10.1 Market Overview and Prospect Analysis
• 10.2 Europe Aquaculture Cages Market Sales and Growth Rate (2015-2020)
• 10.3 Europe Aquaculture Cages Market Revenue and Growth Rate (2015-2020)
• 10.4 Europe Aquaculture Cages Market Forecast
• 10.5 The Influence of COVID-19 on Europe Market
• 10.6 Europe Aquaculture Cages Market Analysis by Country
  • 10.6.1 Germany Aquaculture Cages Sales and Growth Rate
  • 10.6.2 United Kingdom Aquaculture Cages Sales and Growth Rate
  • 10.6.3 France Aquaculture Cages Sales and Growth Rate
  • 10.6.4 Italy Aquaculture Cages Sales and Growth Rate
  • 10.6.5 Spain Aquaculture Cages Sales and Growth Rate
  • 10.6.6 Russia Aquaculture Cages Sales and Growth Rate

11 Asia-Pacific Aquaculture Cages Market Analysis

• 11.1 Market Overview and Prospect Analysis
• 11.2 Asia-Pacific Aquaculture Cages Market Sales and Growth Rate (2015-2020)
• 11.3 Asia-Pacific Aquaculture Cages Market Revenue and Growth Rate (2015-2020)
• 11.4 Asia-Pacific Aquaculture Cages Market Forecast
• 11.5 The Influence of COVID-19 on Asia Pacific Market
• 11.6 Asia-Pacific Aquaculture Cages Market Analysis by Country
  • 11.6.1 China Aquaculture Cages Sales and Growth Rate
  • 11.6.2 Japan Aquaculture Cages Sales and Growth Rate
  • 11.6.3 South Korea Aquaculture Cages Sales and Growth Rate
  • 11.6.4 Australia Aquaculture Cages Sales and Growth Rate
  • 11.6.5 India Aquaculture Cages Sales and Growth Rate

12 South America Aquaculture Cages Market Analysis

• 12.1 Market Overview and Prospect Analysis
• 12.2 South America Aquaculture Cages Market Sales and Growth Rate (2015-2020)
• 12.3 South America Aquaculture Cages Market Revenue and Growth Rate (2015-2020)
• 12.4 South America Aquaculture Cages Market Forecast
• 12.5 The Influence of COVID-19 on South America Market
• 12.6 South America Aquaculture Cages Market Analysis by Country
  • 12.6.1 Brazil Aquaculture Cages Sales and Growth Rate
  • 12.6.2 Argentina Aquaculture Cages Sales and Growth Rate
  • 12.6.3 Columbia Aquaculture Cages Sales and Growth Rate

13 Middle East and Africa Aquaculture Cages Market Analysis

• 13.1 Market Overview and Prospect Analysis
• 13.2 Middle East and Africa Aquaculture Cages Market Sales and Growth Rate (2015-2020)
• 13.3 Middle East and Africa Aquaculture Cages Market Revenue and Growth Rate (2015-2020)
• 13.4 Middle East and Africa Aquaculture Cages Market Forecast
• 13.5 The Influence of COVID-19 on Middle East and Africa Market
• 13.6 Middle East and Africa Aquaculture Cages Market Analysis by Country
  • 13.6.1 UAE Aquaculture Cages Sales and Growth Rate
  • 13.6.2 Egypt Aquaculture Cages Sales and Growth Rate
  • 13.6.3 South Africa Aquaculture Cages Sales and Growth Rate

14 Conclusions and Recommendations

• 14.1 Key Market Findings and Prospects
• 14.2 Advice for Investors

15 Appendix

• 15.1 Methodology
• 15.2 Research Data Source

List of Tables and Figures

Figure Product Picture

Figure Global Aquaculture Cages Market Size and Growth Rate 2015-2025

Table Aquaculture Cages Key Market Segments

Figure Global Aquaculture Cages Market Revenue ($) Segment by Type from 2015-2020

Figure Global Aquaculture Cages Market Revenue ($) Segment by Applications from 2015-2020

Table SWOT Analysis

Figure Global COVID-19 Status

Figure Supply Chain

Table Major Players Headquarters, and Service Area of Aquaculture Cages

Table Major Players Revenue in 2019

Figure Major Players Revenue Share in 2019

Table Egersund Group Company Profile

Table Egersund Group Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure Egersund Group Production and Growth Rate

Figure Egersund Group Market Revenue ($) Market Share 2015-2020

Table Aqualine Company Profile

Table Aqualine Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure Aqualine Production and Growth Rate

Figure Aqualine Market Revenue ($) Market Share 2015-2020

Table AKVA group Company Profile

Table AKVA group Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure AKVA group Production and Growth Rate

Figure AKVA group Market Revenue ($) Market Share 2015-2020

Table Selstad Company Profile

Table Selstad Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure Selstad Production and Growth Rate

Figure Selstad Market Revenue ($) Market Share 2015-2020

Table Badinotti Group Company Profile

Table Badinotti Group Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure Badinotti Group Production and Growth Rate

Figure Badinotti Group Market Revenue ($) Market Share 2015-2020

Table G& A International Company Profile

Table G& A International Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure G& A International Production and Growth Rate

Figure G& A International Market Revenue ($) Market Share 2015-2020

Table Garware Technical Fibres Company Profile

Table Garware Technical Fibres Sales, Revenue (US$ Million), Average Selling Price and Gross Margin (2015-2020)

Figure Garware Technical Fibres Production and Growth Rate

Figure Garware Technical Fibres Market Revenue ($) Market Share 2015-2020

Table Global Aquaculture Cages Sales by Types (2015-2020)

Table Global Aquaculture Cages Sales Share by Types (2015-2020)

Table Global Aquaculture Cages Revenue ($) by Types (2015-2020)

Table Global Aquaculture Cages Revenue Share by Types (2015-2020)

Table Global Aquaculture Cages Price ($) by Types (2015-2020)

Table Global Aquaculture Cages Market Forecast Sales by Types (2020-2025)

Table Global Aquaculture Cages Market Forecast Sales Share by Types (2020-2025)

Table Global Aquaculture Cages Market Forecast Revenue ($) by Types (2020-2025)

Table Global Aquaculture Cages Market Forecast Revenue Share by Types (2020-2025)

Figure Global Mariculture Sales and Growth Rate (2015-2020)

Figure Global Mariculture Price (2015-2020)

Figure Global Coastal Aquaculture Sales and Growth Rate (2015-2020)

Figure Global Coastal Aquaculture Price (2015-2020)

Figure Global Freshwater Aquaculture Sales and Growth Rate (2015-2020)

Figure Global Freshwater Aquaculture Price (2015-2020)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Mariculture (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Mariculture (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Coastal Aquaculture (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Coastal Aquaculture (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Freshwater Aquaculture (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Freshwater Aquaculture (2020-2025)

Table Global Aquaculture Cages Sales by Applications (2015-2020)

Table Global Aquaculture Cages Sales Share by Applications (2015-2020)

Table Global Aquaculture Cages Revenue ($) by Applications (2015-2020)

Table Global Aquaculture Cages Revenue Share by Applications (2015-2020)

Table Global Aquaculture Cages Market Forecast Sales by Applications (2020-2025)

Table Global Aquaculture Cages Market Forecast Sales Share by Applications (2020-2025)

Table Global Aquaculture Cages Market Forecast Revenue ($) by Applications (2020-2025)

Table Global Aquaculture Cages Market Forecast Revenue Share by Applications (2020-2025)

Figure Global Carp Sales and Growth Rate (2015-2020)

Figure Global Carp Price (2015-2020)

Figure Global Molluscs Sales and Growth Rate (2015-2020)

Figure Global Molluscs Price (2015-2020)

Figure Global Crustaceans Sales and Growth Rate (2015-2020)

Figure Global Crustaceans Price (2015-2020)

Figure Global Salmon Sales and Growth Rate (2015-2020)

Figure Global Salmon Price (2015-2020)

Figure Global Trout Sales and Growth Rate (2015-2020)

Figure Global Trout Price (2015-2020)

Figure Global Other Fish Sales and Growth Rate (2015-2020)

Figure Global Other Fish Price (2015-2020)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Carp (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Carp (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Molluscs (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Molluscs (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Crustaceans (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Crustaceans (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Salmon (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Salmon (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Trout (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Trout (2020-2025)

Figure Global Aquaculture Cages Market Revenue ($) and Growth Rate Forecast of Other Fish (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate Forecast of Other Fish (2020-2025)

Figure Global Aquaculture Cages Sales and Growth Rate (2015-2020)

Table Global Aquaculture Cages Sales by Regions (2015-2020)

Table Global Aquaculture Cages Sales Market Share by Regions (2015-2020)

Figure Global Aquaculture Cages Sales Market Share by Regions in 2019

Figure Global Aquaculture Cages Revenue and Growth Rate (2015-2020)

Table Global Aquaculture Cages Revenue by Regions (2015-2020)

Table Global Aquaculture Cages Revenue Market Share by Regions (2015-2020)

Figure Global Aquaculture Cages Revenue Market Share by Regions in 2019

Table Global Aquaculture Cages Market Forecast Sales by Regions (2020-2025)

Table Global Aquaculture Cages Market Forecast Sales Share by Regions (2020-2025)

Table Global Aquaculture Cages Market Forecast Revenue ($) by Regions (2020-2025)

Table Global Aquaculture Cages Market Forecast Revenue Share by Regions (2020-2025)

Figure North America Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure North America Aquaculture Cages Market Revenue and Growth Rate (2015-2020)

Figure North America Aquaculture Cages Market Forecast Sales (2020-2025)

Figure North America Aquaculture Cages Market Forecast Revenue ($) (2020-2025)

Figure North America COVID-19 Status

Figure U.S. Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Canada Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Mexico Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Europe Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Europe Aquaculture Cages Market Revenue and Growth Rate (2015-2020)

Figure Europe Aquaculture Cages Market Forecast Sales (2020-2025)

Figure Europe Aquaculture Cages Market Forecast Revenue ($) (2020-2025)

Figure Europe COVID-19 Status

Figure Germany Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure United Kingdom Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure France Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Italy Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Spain Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Russia Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Asia-Pacific Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Asia-Pacific Aquaculture Cages Market Revenue and Growth Rate (2015-2020)

Figure Asia-Pacific Aquaculture Cages Market Forecast Sales (2020-2025)

Figure Asia-Pacific Aquaculture Cages Market Forecast Revenue ($) (2020-2025)

Figure Asia Pacific COVID-19 Status

Figure China Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Japan Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure South Korea Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Australia Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure India Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure South America Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure South America Aquaculture Cages Market Revenue and Growth Rate (2015-2020)

Figure South America Aquaculture Cages Market Forecast Sales (2020-2025)

Figure South America Aquaculture Cages Market Forecast Revenue ($) (2020-2025)

Figure Brazil Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Argentina Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Columbia Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Middle East and Africa Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Middle East and Africa Aquaculture Cages Market Revenue and Growth Rate (2015-2020)

Figure Middle East and Africa Aquaculture Cages Market Forecast Sales (2020-2025)

Figure Middle East and Africa Aquaculture Cages Market Forecast Revenue ($) (2020-2025)

Figure UAE Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure Egypt Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Figure South Africa Aquaculture Cages Market Sales and Growth Rate (2015-2020)

Based on the Aquaculture Cages market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

In Chapter 2.4 of the report, we share our perspectives for the impact of COVID-19 from the long and short term.
In chapter 3.4, we provide the influence of the crisis on the industry chain, especially for marketing channels.
In chapters 8-13, we update the timely industry economic revitalization plan of the country-wise government.

Key players in the global Aquaculture Cages market covered in Chapter 5:
Egersund Group
Aqualine
AKVA group
Selstad
Badinotti Group
G& A International
Garware Technical Fibres

In Chapter 6, on the basis of types, the Aquaculture Cages market from 2015 to 2025 is primarily split into:
Mariculture
Coastal Aquaculture
Freshwater Aquaculture

In Chapter 7, on the basis of applications, the Aquaculture Cages market from 2015 to 2025 covers:
Carp
Molluscs
Crustaceans
Salmon
Trout
Other Fish

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 8-13:
North America (Covered in Chapter 9)
United States
Canada
Mexico
Europe (Covered in Chapter 10)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 11)
China
Japan
South Korea
Australia
India
South America (Covered in Chapter 12)
Brazil
Argentina
Columbia
Middle East and Africa (Covered in Chapter 13)
UAE
Egypt
South Africa

Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025