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Farmed Salmon Value Increases

Salmonids Economics +2 more

SCOTLAND, UK - The value of salmon to the Scottish industry in 2009 rose by 23 per cent with a new estimated value of 412 million pounds, according to the Scottish Fish Farm Production Survey 2009 results.

Salmon dominates fish farm production in Scotland and underpins the growth potential of the sector, says Environment Minister, Roseanna Cunningham.

"The increase of 12 per cent in production of Scottish farmed salmon is to be welcomed and reflects the success of 'A Fresh Start' the Scottish Government's Strategic Framework for Scottish Aquaculture. I am pleased to see that Scotland continues to be the largest producer of farmed Atlantic salmon in the EU, producing over 144,000 tonnes in 2009.

"But the real story of this increase is that the value of salmon in 2009 rose by 23 per cent with a new estimated value of 412 million pounds. It indicates that Scottish farmed salmon can be a high quality, high yield product at the heart of an industry that is vital to many rural communities. This growth justifies the efforts both myself and the Cabinet Secretary for Finance and Sustainable Growth have taken together with local authorities to provide a positive regulatory framework for this sector. We believe that the prospects for future growth remain excellent.

"Employment opportunities rose also in 2009. Across Scotland more than 1,000 people are employed full-time in the fish farm sector. The Scottish Government continues to have great confidence in the future of the fish farming sector, and Aquaculture continues to be a growing and increasingly important industry to the Scottish economy, helping to underpin sustainable economic growth in rural and coastal communities in the Highlands and Islands."