UK: Scotland’s £1 billion-plus salmon industry nearing record year

Published 2024년 12월 5일

Tridge summary

Scotland's salmon industry is experiencing a record-breaking year with substantial growth in both domestic and international markets. Salmon exports, the country's largest food export, reached £191 million from July to September 2024, an 11% increase from the previous year. Total export sales for the first nine months of 2024 rose by 30% to £622 million, with key markets in France and Asia, including China, Taiwan, and Singapore. Despite facing environmental challenges in 2023, the industry has invested nearly £1 billion since 2018 to improve survival rates and meet global demand. The domestic market is valued at £1.2 billion annually, contributing £766 million in GVA to the economy. While environmental concerns are being reviewed, industry leaders are optimistic about maintaining positive trends.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Scotland’s £1 billion-plus salmon industry nearing record year. Scottish salmon is poised to achieve a record-breaking year, with strong growth in both domestic and international markets. According to Tavish Scott, Chief Executive of Salmon Scotland: “The popularity of Scottish salmon continues to soar at home and abroad, and we are heading for a record-breaking year of success.” New industry figures reveal that salmon exports—Scotland’s largest food export—reached £191 million between July and September 2024, an 11% increase compared to the same period in 2023. Total export sales for the first nine months of the year now stand at £622 million, a 30% year-on-year rise from £478 million. Key markets driving this growth include France, which serves as the main entry point for sales across Europe, and Asia, with China, Taiwan, and Singapore emerging as prominent destinations. Each quarter in 2024 has seen increases in both sales and volumes, with the April-to-June period marking the ...
Source: Fish Focus

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