In 2023, fresh Greenland halibut production in capture fisheries in France delivered a value of currency measure proximately 4.33 thousand euros per metric ton. The forecast for 2024 to 2028 indicates a steady annual increase, with values growing annually by approximately 0.69%, from 4.36 to 4.48 thousand euros per metric ton. This steady upward trend underscores sustainable potential value growth. The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 is predicted to be moderate but consistent.
Future trends to watch for include:
- Changes in international demand, which could impact prices significantly.
- Potential shifts in capture fisheries policies or quotas impacting supply levels.
- Technological advancements in fishing methods that may enhance production efficiency.
- Environmental and climate changes affecting fish populations and, therefore, capture rates.