Forecast: Whole Fresh Greenland Halibut Production in Capture Fisheries in France

In 2023, whole fresh Greenland Halibut production in France's capture fisheries was approximately at the same level as 2024's forecasted value, indicating stability or a modest increase as 2024 projections show a mild growth to 122.94 thousand euros. Year-on-year growth from 2024 to 2028 is consistently upward, with an increase of roughly 6-8% annually. Specifically, the growth rate progresses from about 6% in 2025 and maintains steady pace onwards, confirming a positive trend. The Compound Annual Growth Rate (CAGR) anticipated from 2024 to 2028 lies around 7%, suggesting solid growth in the medium term.

Future trends to watch for:

  • Potential influence of climate change on halibut habitats, which could impact production volumes.
  • Market demand shifts, possibly driven by consumer preferences for sustainable seafood.
  • Regulatory changes in fisheries management that may affect catch limits or practices.

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