In 2023, the whole frozen Greenland halibut production for human consumption in Germany stood at a particular price point per metric ton, and for the year 2024, the forecast is set at 3.03 thousand euros per metric ton. The projected trend exhibits a gradual year-on-year decrease in value, descending by 1.98% in 2025, followed by reductions of 1.68%, 1.71%, and 1.74% for 2026, 2027, and 2028, respectively. The compound annual growth rate (CAGR) over the forecast period is negative, reflecting a consistent decline.
Watch for the following future trends:
- Potential impacts from global environmental policies that may affect fishing practices and consequently the supply levels.
- The influence of changing consumer preferences towards sustainable and alternative seafood options, potentially impacting demand.
- Technological advancements in aquaculture which may alter the traditional capture fisheries landscape.
