The forecasted data indicates a gradual decrease in the value of gutted fresh Atlantic halibut production in the UK, expressed in thousand euros per metric ton, from 2024 to 2028. In 2023, the value stood at 8.5. The series shows a consistent downward trend, with a year-on-year decline of approximately 1.44% from 2024 to 2025, and similar decreases in subsequent years. The compound annual growth rate (CAGR) for 2024-2028 reflects an average annual decrease of around 1.40%.
Future trends to monitor include:
- Potential impacts of environmental regulations on capture fisheries.
- Shifts in consumer demand for alternative fish species.
- Technological advancements in sustainable fishing practices.