The National Statistics Office (NSO) released a study which shows that the total output from the aquaculture and tuna farming industry amounted to €224.9 million in 2021 which is a 25.9% (€46.2 million) increase from 2020.

The study showed that the industry had registered a net operating surplus of €61.8 million in 2021.

The amount of intermediate consumption for production rose by €12.7 million which is 9.4% more than in 2020 to a total of €147.3 million, to meet the growing demand of this industry.

In 2021 total farmed fish sales were 3.4 million kgs (17.2%) less than in 2020. The sale of farmed fish dropped by €5.2 million (2.4%) and sat at €210.2 million in 2021.

Regarding expenditure costs, the outlays on the purchasing of fish increased by €20.8 million (47.9%) and reached a total of €64.3 million. This amounted to 43.6% of the entire intermediate consumption incurred by the industry in 2021.

The industry's variable production costs decreased by 8.8%, selling costs decreased by 28%, and overheads decreased by 2.1%.