Irish fish quotas set to drop 15% by 2026

A preliminary analysis report on the reduction of fish quota shares under the EU/UK Trans and Cooperation Agreement shows Ireland will have transferred 15% of its quota by 2026 (€43m) compared to the overall value of Irish quota in 2020.

The UK has or will receive a Total Allowable Catch for 105 stocks, 41 of which will remain unchanged from their current relative stability share. For eight stocks there is no transition period, and the new UK quota shares ‘it is understood’ apply from 2021.

For the remaining stocks, 60% of the transition to the new shares occurs in 2021, followed by 70% in 2022, 80% in 2023 and 92% in 2024.

Reduction in Irish quota value (€m) due to quota transfer from EU to UK
Stock Group 2021 2022 2023 2024 2025 2026
Pelagic (oily fish) 17.188 20.039 22.864 26.290 28.565 28.565
Nephrops (prawns) 4.931 5.753 6.575 7.557 8.218 8.218
Celtic Sea whitefish 2.020 2.357 2.694 3.099 3.368 3.368
Irish Sea whitefish 0.318 0.372 0.424 0.488 0.531 0.531
W Scotland Whitefish 1.349 1.573 1.798 2.068 2.248 2.248
Deepwater 0.004 0.005 0.006 0.007 0.007 0.007
Total 25.810 30.099 34.360 39.510 42.937 42.937

Quota transfers from Ireland

• 25% reduction in western mackerel
• 14% reduction in Nephrops (prawns)
• Hake (Celtic Sea) 3%; Haddock (Celtic Sea) 11%; Haddock (Irish Sea) 16%; Haddock (Rockall) 22.6%; Megrim (Celtic Sea) 8%; Megrim (West of Scotland) 19%; Monkfish (Celtic Sea) 7%; Monkfish (West of Scotland) 20% and Pollack (Celtic Sea) 9%
• Herring (Irish Sea) 96%

The report was compiled by the Department of Agriculture, Food in association with BIM and the Marine Institute. The figures represent best available estimates based on the mean fish price per species in 2019 from Irish Sales Notes data and 2020 quotas.