The forecast for Fresh Greenland Halibut production in UK capture fisheries shows a consistent upward trend from 2024 to 2028, with production increasing steadily. In 2023, the production stood at [Value from 2023]. Year-on-year growth from 2024 to 2025 is approximately 3.45%, while 2025 to 2026 sees a 6.67% increase, and 2026 to 2027 reflects a 3.13% rise. Between 2027 and 2028, production grows by about 3.03%. The compound annual growth rate (CAGR) over the forecast period is modest, emphasizing stable growth in this sector.
Future trends to watch for include:
- Changes in fisheries management policies could impact production levels.
- Market demand fluctuations due to consumer preference shifts.
- Potential impacts of climate change on marine biodiversity.
- Technological advancements in sustainable fishery practices.
