‘Emerging markets key to seafood sector reaching €1bn sales target’

Building exports and harnessing new markets will be critical to help Ireland’s seafood sector reach its target of generating €1bn in sales and creating 3,000 jobs, BIM has stated.

Launching its new growth strategy ‘Our Ocean Wealth’ yesterday, seafood industry body BIM said the sector is currently worth €822m to the economy, and employs in the region of 11,000 people.

Ireland’s seafood sector is showing phenomenal growth on the export market with sales up by 29% from €378m in 2010 to €489m in 2013, BIM added.