Anyone interested in the impact of the Brexit trade deal on the Irish fisheries sector, the Irish govt has just published a preliminary analysis here https://www.gov.ie/en/publication/21e48-analysis-of-reduction-of-fisheries-quota-shares-under-euuk-trade-and-cooperation-agreement/
2/ Of the 8 EU coastal member states Ireland and Germany have been proporationately hardest hit in terms of the loss of quota share by value. They will each lose 15pc of the value in quota share by 2026. To the Irish fleet that's a loss of €43m
3/ That was expected because the UK sought a large percentage of the highly valuable mackerel and prawn stocks.
4/ The mackerel sector will see a 26pc cut in Ireland’s quota share, worth €28.6m. The share in prawn stocks will be cut by 14pc by 2026, a loss of €8.2m.
5/ Irish vessels fishing whitefish in the Celtic Sea will lose €3.4m and €0.5m in the Irish Sea, while off Western Scotland there will be a loss of whitefish stocks worth €2.2m.
6/ There will be a 96pc cut in the herring quota in the Irish Sea, while several smaller whitefish quotas in the Donegal/West of Scotland area have seen sizeable quota share reductions, according to the figures, compiled by Dept Marine, the Marine Institute and BIM.
7/ The deal struck on Christmas Eve between British and EU negotiators foresees an overall cut to the value of fish caught by EU boats in UK waters worth 25pc, with a phasing in period of five and a half years.
8/ Some 60pc of the reduction will come between 2020 and 2021.
9/ The figures show that both Ireland and Germany will lose 15pc of the value of their quotas once the shares have been ceded to the UK by 2026.
10/ The Netherlands will lose 10pc, France will lose 8pc, Denmark and Belgium will lose 7pc, and Spain will lose 4pc.
11/ [Govt note on the above calculations: It is difficult to assign a monetary value to quota reductions as
both the TAC and the fish prices fluctuate significantly. The figures represent the best available estimate, based on the mean fish price per species in 2019]
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