The forecasted production of gutted fresh Greenland halibut in UK capture fisheries shows a year-on-year decrease from 2024 to 2028. In 2024, the production is expected to be 163.16 metric tons, which continues to decline to 127.58 metric tons by 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately -6.1% from 2024 to 2028. Given that these are forecasted figures, the trend indicates a consistent reduction in production over the five-year period, signaling a contraction in the market or potential challenges in retaining current production levels.
Future trends to watch for include environmental regulations affecting capture fisheries, technological advancements in fishing methods, and changes in consumer demand for Greenland halibut. Additionally, climate change impacts on fish populations and the marine ecosystem could significantly influence future production dynamics.
