In 2023, the production value of fresh Greenland halibut in UK capture fisheries was approximately 624.78 thousand Euros. Forecasted data from 2024 to 2028 shows a consistent year-on-year decline. Specifically, the annual reduction in value is expected to be 4.88% from 2024 to 2025, followed by 5.03% from 2025 to 2026. This downward trend continues with decreases of 5.18% from 2026 to 2027 and 5.37% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average annual decline of 4.89% in the value of production.

Future trends to watch:

Sustainability measures impacting capture fisheries and potential shifts in policy that could influence production levels.
Influence of climate change on fish populations and habitats.
Market demand changes, including consumer preferences and potential competition from alternative fish sources.