The annual Bord Iascaigh Mhara (BIM) report for 2017 has revealed that sales of Irish seafood exceeded €1 billion for the first time ever last year, with domestic sales rising 4% to €429 million and seafood exports increasing 10% to €666 million.
As reported by The Irish Independent, BIM chairman Kieran Calnan stated that the seafood sector "contributed a sizeable €1.15 billion to the nation's economy in 2017, a significant increase of 6.4% on the previous year".
Taking Advantage Of Opportunities
Meanwhile, BIM CEO Jim O'Toole commented that Ireland was "well-placed to take advantage of the opportunities offered by the current global seafood trends".
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O'Toole added, "As the world's population grows, seafood remains the protein source of choice for many in Africa and an increasing number of middle-class consumers in the Asia-Pacific region, where per capita consumption of seafood has trebled in the last 25 years alone."
© 2018 Hospitality Ireland – your source for the latest industry news. Article by Dave Simpson. Click subscribe to sign up for the Hospitality Ireland print edition.