Current status: Answered by Richard Lochhead on 25 June 2012
To ask the Scottish Executive what the value is of the returned quotas that have been allocated to the Scottish Fishermen’s Organisation and the (a) Orkney, (b) Shetland and (c) Lunar fish producer organisations.
The value of any fish quota, in terms of the price per tonne achieved at first sale, can fluctuate considerably in light of prevailing market conditions. Any estimate of value can therefore only be an approximation. Noting this level of uncertainty, the table below shows the approximate value of quotas allocated to the Fish Producer Organisations noted there. These estimates are based on average first sale prices in 2011.
| Producer Organisation | Value allocated (£ millions) |
| Scottish Fishermen’s Organisation | 2.12 |
| Orkney FPO | 0.20 |
| Shetland FPO | 0.23 |
| Lunar FPO | 0.02 |