BIM: Seafood sector grew by 7.4% last year

The Irish seafood sector grew by 7.4% last year and contributed €1.1bn to the country’s GDP.
BIM: Seafood sector grew by 7.4% last year

That was disclosed in Bord Iascaigh Mhara’s annual ‘Business of Seafood’ report which was launched yesterday at the National Seafood Conference in Galway.

BIM said the growth was primarily driven by another strong year of domestic seafood sales, at €380m, and an increase in private investment by seafood enterprises. Chief executive Jim O’Toole said Ireland has a valuable and sought-after raw material that is in great demand in key markets.

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