How Much Is Fresh Halibut per Pound?

As of September 2018, the average price for a 23-ounce halibut fillet was $23.95 at an East Coast location.

Between ⅓ and ½ pound

There is no definitive answer to this question as the record holder for the biggest halibut might be different depending on which ocean they were captured in. However, the largest halibut ever caught was 734 pounds and was caught off Australia in 2003.

When purchasing halibut, make sure the fish is firm and has a subtle white gleam. Fish that is red or yellow in color, especially on the bottom side, should be avoided.

Global supply and demand for halibut is one of the main reasons for the high price. The global population is growing, more people are consuming seafood, and there is an increased demand for halibut from China due to its health benefits. Supply has been impacted by both a decline in young halibut populations as well as overfishing. While some companies are fishing less, others are catching larger fish that leads to a decrease in value per pound. What will cause the Halibut Price to decline? There is no definite answer to this question. However, if halibut fisheries are properly managed, poaching could be reduced, leading to an increase in available stock. If production catches return to levels seen before 2015, when many companies overfished their permitted limits, then the halibut price may decline again as fishermen struggle to make a profit.