Ireland’s seafood sector grew by 7.4 per cent, contributing EUR 1.1 billion in GDP to the Irish economy, according to Bord Iascaigh Mhara’s (BIM) latest annual report.
The report, entitled Business of Seafood and launched at the National Seafood Conference ‘Winning in a Changing Environment’, presents a detailed review of Ireland’s Seafood Sector in 2016.
BIM report growth in the industry which has primarily been driven by another strong year of domestic seafood sales at EUR 380 million and an increase in private investment by seafood enterprises.
The report also details the significant value of the seafood landed and farmed around the country’s coast.
“We have a valuable and sought after raw material that is in great demand on our key markets contributing EUR 376 million in ...