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Farming succession in Northern Ireland
44.7% of 1,469 trading farming companies in Northern Ireland have a director aged 60 or over, against 51.4% for the sector across the UK.
1,469trading companies measured
44.7%have a director aged 60 or over
20.1%have a director aged 70 or over
47.0%are owner-run (one person or family holds 50%+)
40.4%have a single director
Other sectors in Northern Ireland
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Construction | 7,706 | 31.4% | 10.9% | 52.8% | 54.6% | 9 |
| Property | 5,838 | 44.1% | 19.8% | 37.0% | 42.1% | 10 |
| Professional services | 5,629 | 31.1% | 9.1% | 58.3% | 58.4% | 8 |
| Wholesale | 3,656 | 33.2% | 13.1% | 57.7% | 54.9% | 8 |
| Retail | 3,105 | 31.9% | 11.7% | 53.2% | 52.5% | 9 |
| Hotels and food service | 2,849 | 26.3% | 9.2% | 53.4% | 55.6% | 7 |
| Health and care | 2,318 | 32.0% | 11.3% | 49.3% | 47.4% | 7 |
| Financial services | 2,187 | 37.6% | 12.7% | 45.9% | 43.4% | 6 |
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