A Donegal fishing company, McBride Fishing, has been named Seafood Exporter of the Year at this year’s Irish Exporters Association (IEA) Export Industry Awards. The Downings based family run business is focused on year-round supply of premium live and processed crab to European and other international markets.
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A Donegal fishing company, McBride Fishing, has been named Seafood Exporter of the Year at this year’s Irish Exporters Association (IEA) Export Industry Awards. The Downings based family run business is focused on year-round supply of premium live and processed crab to European and other international markets.
Read MoreAmbitious businesses involved in seaweed farming, nature inclusive design and hydrocolloid innovation are among the companies taking part in the BIM Innovation Studio in Cork City this month. This year’s program is made up of nine participant companies who are a mixture of startup, scale-up and mature businesses seeking both to explore new markets and grow their companies even further. Each team will take part in the two-week workshop being held at the River Lee Hotel from 30 September to 11 October.
Read MoreThe Irish fishing industry faced significant challenges in 2022 with decreasing revenue and profitability due to ongoing impacts from the conflict in Ukraine and Brexit, according to BIM’s Annual Fisheries Report.
Read MoreThe Irish seafood economy faced a challenging year in 2023, with a 2.9% decline in GDP from 2022 to a total value of €1.2 billion, according to data in the Business of Seafood report by Bord Iascaigh Mhara (BIM) published today 18/09/2024. Brexit posed a significant challenge to the industry, reducing access to fish and disrupting trade flows and market access. However, in response, there was an unprecedented level of government investment in the industry, demonstrating a strong commitment to the future growth and sustainability of the sector. This investment, combined with Brexit Adjustment Reserve (BAR) funding, helped the sector achieve significant growth of 12%, bringing the total value to over €1.4 billion, despite the initial decline of 2.9% in GDP from 2022, which valued the sector at €1.2 billion.
Read MoreBhí bliain dhúshlánach ag geilleagar bia mara na hÉireann sa bhliain 2023, agus laghdú 2.9% in OTI ann i gcomparáid leis an mbliain 2022 go luach iomlán €1.2 billiún, dar leis na sonraí sa tuarascáil ‘Business of Seafood’ a d’fhoilsigh an Bord Iascaigh Mhara (BIM) inniu (dé Chéadaoin 18ú Méan Fómhair). Tá tionchair an Bhreatimeachta ag leanúint de bheith ina ndúshlán don tionscal trí theorainn a chur leis an rochtain ar dheiseanna iascaireachta agus trí chur isteach ar shreafaí trádála agus ar an rochtain ar an margadh. Mar fhreagairt dó sin, áfach, rinne an rialtas leibhéal infheistíochta sa tionscal nach bhfacthas a leithéid riamh, rud a léirigh tiomantas láidir d’fhás agus inbhuanaitheacht na hearnála amach anseo. A bhuí leis an infheistíocht sin, i dteannta cistiú ón gCúlchiste Coigeartaithe Brexit, bhí an earnáil in ann fás suntasach ab ionann agus 12% a bhaint amach. D’fhág sé sin gurbh ionann luach iomlán na hearnála agus €1.4 billiún, d’ainneoin an laghdaithe tosaigh 2.9% in OTI i gcomparáid leis an mbliain 2022, tráth a luacháladh an earnáil ag €1.2 billiún.
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