Seafood

Irish seafood navigates challenges

2024-10-09T13:25:00

BIM-The-Business-of-Seafood-2023-Dashboard-High_Res-1536x1086

Source: BIM

The Irish seafood economy has faced a turbulent year in 2023, with GDP declining by 2.9% to €1.2 billion, according to the latest Business of Seafood report released by Bord Iascaigh Mhara 

Brexit significantly impacted the industry, restricting access to fish and disrupting trade flows, but government investment through the Brexit Adjustment Reserve spurred a remarkable 12% growth, boosting the sector’s value to over €1.4 billion.

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