Oireachtas Joint and Select Committees
Tuesday, 17 June 2025
Committee on Fisheries and Maritime Affairs
The Business of Seafood Report 2024: Bord Iascaigh Mhara
2:00 am
Mr. Richard Donnelly:
Yes, the blue whiting market tends to be quite volatile. It is very driven by the demand from the salmon industry for conversion into fishmeal but it has a lot of other benefits if it is processed in a different way. It can be dried out and made into powders and hydrolases. We are working very closely with the likes of Teagasc. We are also working with companies on the ground to see what other high end-value additives we can use blue whiting for, in particular. The blue whiting price has been relatively strong due to that strong demand from the fishmeal sector. Human consumption is another market for the blue whiting.
That requires handling. The product has to be brought into the factories in a very good condition. There is a market for that right out to China and other Asian markets. Blue whiting is related to cod, so it can be used in whitefish products such as surimi and other things like that. We are working very actively to pursue those higher end markets.