Forecast: Frozen Greenland Halibut Production in Capture Fisheries for Human Consumption in Germany

In 2023, the value of frozen Greenland halibut production in capture fisheries for human consumption in Germany stood at 5.41 Thousand Euros per metric ton. From 2024 to 2028, this value is forecasted to increase steadily. The year-on-year growth rate is around 1.8%, with a compound annual growth rate (CAGR) of approximately 1.9% over this period, indicating a consistent upward trend in the valuation of the product.

Future trends to watch include:

  • Potential changes in consumer preferences and their impact on demand for Greenland halibut.
  • Environmental regulations that could affect capture fisheries practices.
  • Technological advancements in sustainable fishing methods that may influence production costs and values.

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