The forecast for Greenland Halibut production in capture fisheries for human consumption in the UK shows a steady increase from 2024 to 2028. In 2023, the production stood at 18.69 metric tons. From 2023 to 2025, there's an upward trend with a year-on-year growth rates: 5.8% in 2024 and 6% in 2025. Looking at the compounded annual growth rate (CAGR) over five years from 2023 to 2028, the average growth per year is approximately 5.5%.
Future trends to watch for include:
- Potential impacts of climate change on marine ecosystems, which could affect halibut populations.
- Changes in fishing regulations and quotas that may influence production levels.
- Market demand for sustainable seafood influencing capture practices.