In 2023, the production of gutted fresh Greenland Halibut in the UK's capture fisheries for human consumption stood at an unspecified value. Forecasts indicate slight year-on-year increases from 2024-2028, with production growing from 0.026 metric tons in 2024 to 0.031 metric tons in 2028. The projected Compound Annual Growth Rate (CAGR) over this five-year period suggests a consistent trend of incremental growth in production volumes.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable seafood options which could influence market demands.
- Impact of environmental policies on fishery practices and catch limits.
- Global trade developments affecting seafood market access and pricing in the UK.