The total value of catch from Icelandic fishing vessels in February was 11.2 billion ISK, 24.7% more than in February 2018. Demersal catch value was 9.8 billion ISK, an increase of 35.4%, of which the value of cod was 6.9 billion ISK. There was a great increase in the value of haddock which was over 1.4 billion ISK in February compared with 850 million in February 2018. Value of pelagic catch, all blue whiting, was 850 million ISK.
Total value of catch in the 12 month period from March 2018 to February 2019 was just over 131 billion ISK which is a 8.8% increase compared with the same period a year earlier.
Information about catch value of fish in this press release is based on preliminary figures. The data is based on the first sale value of catch and is gathered by the Directorate of Fisheries.
Value of catch 2018–2019 | ||||||
Million ISK | February | March-February | ||||
2018 | 2019 | % | 2017-2018 | 2018-2019 | % | |
Total value | 8,962.0 | 11,177.7 | 24.7 | 120,633.9 | 131,204.0 | 8.8 |
Demersal catch | 7,228.9 | 9,788.2 | 35.4 | 84,800.7 | 95,892.0 | 13.1 |
Cod | 5,127.2 | 6,926.1 | 35.1 | 54,205.7 | 60,272.3 | 11.2 |
Haddock | 803.1 | 1,376.9 | 71.4 | 8,867.8 | 12,129.8 | 36.8 |
Saithe | 494.3 | 478.4 | -3.2 | 7,218.0 | 8,314.1 | 15.2 |
Redfish | 571.8 | 700.2 | 22.5 | 9,871.1 | 10,515.1 | 6.5 |
Ocean redfish | 0.0 | 0.0 | - | 333.3 | 218.8 | -34.3 |
Other demersal | 232.5 | 306.5 | 31.8 | 4,304.9 | 4,442.0 | 3.2 |
Flatfish catch | 196.1 | 475.9 | 142.7 | 8,173.6 | 10,724.8 | 31.2 |
Pelagic catch | 1,508.6 | 848.8 | -43.7 | 25,224.7 | 21,891.6 | -13.2 |
Herring | 0.0 | 0.0 | - | 4,504.4 | 4,655.9 | 3.4 |
Capelin | 1,271.8 | 0.0 | - | 7,879.9 | 2,750.5 | -65.1 |
Blue whiting | 236.9 | 848.8 | 258.4 | 4,314.9 | 6,978.3 | 61.7 |
Mackerel | 0.0 | 0.0 | - | 8,525.4 | 7,506.8 | -11.9 |
Other pelagics | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
Shellfish catch | 28.4 | 64.8 | 128.3 | 2,434.8 | 2,695.6 | 10.7 |
Lobster | 0.0 | 0.0 | - | 833.6 | 567.5 | -31.9 |
Shrimp | 17.2 | 51.5 | 200.0 | 1,226.2 | 1,551.4 | 26.5 |
Other shellfish | 11.2 | 13.3 | 18.5 | 375.0 | 576.7 | 53.8 |
Miscellaneous catch | 0.0 | 0.0 | – | 0.0 | 0.0 | – |
Value of catch by type of landing 2018–2019 | ||||||
Million ISK | February | March-February | ||||
2018 | 2019 | % | 2017-2018 | 2018-2019 | % | |
Total value | 8,962.0 | 11,177.7 | 24.7 | 120,633.9 | 131,204.0 | 8.8 |
For domestic processing | 5,681.0 | 6,667.1 | 17.4 | 66,592.4 | 70,916.9 | 6.5 |
To auction market, for domestic processing | 1,327.3 | 1,963.5 | 47.9 | 16,712.0 | 20,605.0 | 23.3 |
Frozen at sea, for domestic re-processing | 0.0 | 0.0 | - | 68.2 | 0.5 | -99.2 |
For export in containers | 249.7 | 311.2 | 24.6 | 4,633.9 | 5,973.0 | 28.9 |
Frozen at sea | 1,689.2 | 2,208.0 | 30.7 | 32,409.0 | 33,433.3 | 3.2 |
Other types of landings | 14.8 | 27.9 | 88.6 | 218.4 | 275.4 | 26.1 |
Value of catch by region of landing 2018–2019 | ||||||
Million ISK | February | March-February | ||||
2018 | 2019 | % | 2017-2018 | 2018-2019 | % | |
Total value | 8,962.0 | 11,177.7 | 24.7 | 120,633.9 | 131,204.0 | 8.8 |
Capital region | 1,965.0 | 2,949.4 | 50.1 | 30,292.2 | 34,997.0 | 15.5 |
West | 729.9 | 1,096.8 | 50.3 | 6,704.1 | 7,809.7 | 16.5 |
Westfjords | 502.1 | 742.5 | 47.9 | 6,175.6 | 7,300.1 | 18.2 |
Northwest | 331.4 | 255.3 | -23.0 | 6,007.0 | 8,211.3 | 36.7 |
Northeast | 1,226.9 | 1,483.5 | 20.9 | 15,820.3 | 15,376.4 | -2.8 |
East | 1,386.1 | 1,492.4 | 7.7 | 19,335.1 | 20,274.0 | 4.9 |
South | 787.0 | 646.2 | -17.9 | 10,954.4 | 9,057.6 | -17.3 |
Southwest | 1,771.4 | 2,172.7 | 22.7 | 20,466.4 | 21,798.6 | 6.5 |
Abroad | 262.3 | 339.0 | 29.3 | 4,878.7 | 6,379.5 | 30.8 |