Marine Industries Global Market Analysis - Marine Institute

MARINE INDUSTRIES GLOBAL MARKET ANALYSIS
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13.4 CHALLENGES
The fishing industry in Ireland is very fragmented with many small companies.These
smaller companies are suffering with the increasing burden of legislation. In addition,
cheap imports from the Far East into Europe have increased considerably and quotas
are shrinking.
Foreign supermarkets within Ireland such as Aldi and Lidl are able to undercut Irish
suppliers of processed fish products by 20%. Ireland has the additional disadvantage
of being a day further from markets than other parts of Europe.
To secure regular export orders to international supermarkets, the Irish fisheries
industry has to be able to supply the quantities on a regular basis, ideally with
shipments six days per week, rather than the traditional one or two. International
supermarket chains want to be provided with wide product lines that are QSP
(Quality Seafood Product) labelled, such as salmon, smoked salmon and mussels.
13.5 THE LONG-TERM – 2010 ONWARDS
Future increases in demand for fish is expected to be met by aquaculture, which
is growing rapidly.The contribution from capture fisheries will depend on how
effectively countries and regions can manage their fish stocks to sustain, or
optimistically to increase, fishable stocks.
The International Food Policy Institute and the FAO are collaborating on IMPACT
a global model of food supply and demand for 28 commodities. A paper based on
results in 2002 offered the following projections for fisheries (including capture
fishing and aquaculture): 53
• Most growth will occur in developing countries which will account for 79% of
production by 2020. China’s share of production will grow whilst Japan, USA, EU
and FSU contract.
• Fishmeal and oil prices will rise by 18% as these are increasingly concentrated
into aquaculture.
• The share of aquaculture will increase worldwide.
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Delgado, C et al. Fish as Food, Projections to 2020.