In 2023, the production value of gutted fresh Atlantic halibut for human consumption in the UK stood at 9.01 thousand euros per metric ton. Forecasted data through 2028 indicates a decreasing trend in production value, with a steady decline each year. The year-on-year percentage variation shows a consistent reduction, with the compound annual growth rate (CAGR) reflecting a gradual annual decrease over the five-year period.
Future trends to watch for include:
- Potential changes in consumer demand for Atlantic halibut, possibly influenced by sustainability concerns and alternative fish options.
- Impacts of regulatory changes in fisheries management and environmental policies on halibut production.
- Technological advancements in capture fisheries that may affect production efficiency and cost.
- Global market conditions, including trade dynamics and economic factors affecting seafood consumption.