Seafood exports to 72 countries increased by 16% in 2017 to €645m, in line with the increase in export volumes.
‘Average unit prices remained relatively stable at approximately €2,637/tonne across all species exported during this period,’ according to 2017-1018 Export Performance & Prospects released by Bord Bia.
‘Demand for salmon is expected to outstrip supply for 2018, especially for Irish organic salmon where production is forecast to remain stable or even slightly decrease, and prices are ‘firm due to stable global production.’
Almost 42,000 tonnes of Irish seafood, representing 26 different species, were exported to 46 countries outside the EU during 2016, according to new figures published by the Sea-Fisheries Protection Authority (SFPA), Ireland’s independent State agency responsible for regulating sea-fisheries and the seafood production sectors.
Three countries - China, Nigeria and Egypt - accounted for almost 54% of total exports. Congo, Japan, Ukraine and Vietnam also featured among Ireland’s top ten non-EU export markets.
Fourteen Irish seafood companies exhibited on the Bord Bia stand at the China Seafood & Fisheries Expo in Qingdao. The Expo, which ran from November 1-3, is the largest seafood trade event in Asia, attracting 28,000 visitors from over 100 countries.
YU Kangzhen, Vice Minister of Agriculture, Ambassador Eoin O’Leary and James O’Donnell, Bord Bia
In 2013, China's seafood trade surpassed €20 billion in value, cementing its position as the world's leading seafood trading country, according to Ireland's food export agency, Bord Bia.