In 2023, the total Greenland Halibut production value for capture fisheries for human consumption in the UK was estimated at an undisclosed amount. Forecasts from 2024 to 2028 suggest a consistent upward trend in production value, with increases from 37.02 to 45.45 thousand euros. This reflects an approximate compound annual growth rate (CAGR) over the five-year forecast period, showcasing a steady growth pattern.
Future trends to watch include:
- Potential impact of climate change on Greenland Halibut habitats.
- Shifts in consumer demand for sustainable and responsibly sourced seafood.
- Regulatory changes regarding fishing quotas and international trade agreements.
