The forecast for the total Atlantic halibut production in capture fisheries for human consumption in the UK indicates a steady decline from 2024 to 2028, with values decreasing from 8.89 thousand euros per metric ton in 2024 to 8.36 thousand euros per metric ton in 2028. In 2023, the benchmark value was higher, though exact figures aren't provided, indicating expected depreciation in value in the forecast period.
The year-on-year decrease is approximately 1.5% between each consecutive year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests a declining trend in value, impacting the market scenario for capture fisheries.
Future trends to watch for include potential impacts from changes in fishing regulations, supply chain adjustments, and environmental factors affecting the supply of Atlantic halibut. Monitoring consumer demand shifts and technological advancements in fisheries could also influence future production values.
