In 2023, the import of fresh or chilled whole halibut to Germany stood at 3.6 million USD. From 2024 to 2028, the industry is projected to steadily decline, with values dropping from 3.4409 million USD in 2024 to 2.8095 million USD in 2028. This indicates a consistent downtrend in import values, with an overall five-year compound annual growth rate (CAGR) reflecting a negative trajectory.
Future trends to watch for:
- Potential shifts in consumer preferences toward sustainable seafood options may impact demand.
- Currency fluctuations and trade policy changes could alter import costs and thereby influence volumes.
- Environmental factors affecting halibut availability could lead to supply constraints, further affecting prices.