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Published: December 11, 2010
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New economic data has revealed the increasing importance of salmon farming to the Scottish economy.
Entitled 'Scottish Salmon Farming – Industry Research Report', the survey highlights the creation of 234 new jobs, £29.5million capital investment and £296 million expenditure on suppliers and services, as well as an extremely positive economic mood in the inaugural Salmon Business Confidence Survey.
Completed by 95% of salmon production, the industry representative body Scottish Salmon Producers' Organisation (SSPO) has said the research is an authoritative measure of the increasing economic contribution made by salmon farmers.
Scott Landsburgh, Chief Executive of SSPO, said: "The research results are a major boost for the sector and the remote, rural communities that depend on a successful, sustainable and profitable salmon industry.
"The sector is enjoying an upward trend. The contribution to the economy is increasing in many ways. For example, over the last three years there has been a 55% leap in the direct value to communities through the rising contribution of salaries, which was bolstered by the creation of 234 new jobs in the last year," added Landsburgh.
The industry research incorporates the first Salmon Business Confidence Survey (SBCS), offering an insight into the mindset of business leaders running big and small salmon farming businesses in Scotland. The key findings from SBCS are:
- 90% of SSPO member companies feel ‘very confident’ or ‘confident’ about future demand for health-enhancing salmon. The remaining 10% felt ‘content’;
- 70% of SSPO member companies expressed a desire to grow sustainably over the next five years. 30% felt content with the current level of production, and;
- 78% of SSPO member companies plan to increase staff over the next five years.
"The economic mood is extremely positive. Clearly, the signs are that companies are ready to take investment decisions that will affect their longer term success in the Highlands and Islands,” said Landsburgh. Scottish Salmon Producers’ Organisation represents 95% of the nation's salmon production.
source: SSPO press release
Print
EmailNew economic data has revealed the increasing importance of salmon farming to the Scottish economy.
Entitled 'Scottish Salmon Farming – Industry Research Report', the survey highlights the creation of 234 new jobs, £29.5million capital investment and £296 million expenditure on suppliers and services, as well as an extremely positive economic mood in the inaugural Salmon Business Confidence Survey.
Completed by 95% of salmon production, the industry representative body Scottish Salmon Producers' Organisation (SSPO) has said the research is an authoritative measure of the increasing economic contribution made by salmon farmers.
Scott Landsburgh, Chief Executive of SSPO, said: "The research results are a major boost for the sector and the remote, rural communities that depend on a successful, sustainable and profitable salmon industry.
"The sector is enjoying an upward trend. The contribution to the economy is increasing in many ways. For example, over the last three years there has been a 55% leap in the direct value to communities through the rising contribution of salaries, which was bolstered by the creation of 234 new jobs in the last year," added Landsburgh.
The industry research incorporates the first Salmon Business Confidence Survey (SBCS), offering an insight into the mindset of business leaders running big and small salmon farming businesses in Scotland. The key findings from SBCS are:
- 90% of SSPO member companies feel ‘very confident’ or ‘confident’ about future demand for health-enhancing salmon. The remaining 10% felt ‘content’;
- 70% of SSPO member companies expressed a desire to grow sustainably over the next five years. 30% felt content with the current level of production, and;
- 78% of SSPO member companies plan to increase staff over the next five years.
"The economic mood is extremely positive. Clearly, the signs are that companies are ready to take investment decisions that will affect their longer term success in the Highlands and Islands,” said Landsburgh. Scottish Salmon Producers’ Organisation represents 95% of the nation's salmon production.
source: SSPO press release
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