NEWS RELEASE FISHERIES 30 JANUARY 2019

The value of catch from Icelandic vessels in October 2018 was 12.1 billion ISK, 8.9% more than in October 2017. Demersal catch value was 8.6 billion ISK, an increase of 9.7% due to more value of saithe and haddock while the value of cod was nearly the same as in October 2017. The value of pelagic catch was 2.5 billion ISK, 3.7% less than in October 2017. Value of flatfish catch was 843 million ISK in October an increase of 366 million or 76.7%. The increase is due to more catch of Greenland halibut and higher price of plaice.

Total value of catch in the 12 month period from November 2017 to October 2018 was nearly 125 billion ISK which is a 14% increase compared with the same period a year earlier.

Value of catch 2017–2018
Million ISK October November-October
2017 2018 % 2016-2017 2017-2018 %
Total value11,127.712,115.0 8.9109,390.2124,727.1 14.0
Demersal catch7,868.28,627.5 9.774,518.388,185.0 18.3
Cod 5,263.0 5,225.9-0.7 48,048.1 55,618.3 15.8
Haddock 830.6 1,089.3 31.2 7,738.9 9,626.5 24.4
Saithe 452.9 940.8 107.7 5,889.1 7,729.631.3
Redfish 1,010.1 1,128.5 11.7 8,613.6 10,489.0 21.8
Ocean redfish 0.0 0.0 333.3 218.8 -34.3
Other demersal311.6 243.0 -22.0 3,895.3 4,502.8 15.6
Flatfish catch477.1843.1 76.7 7,531.1 10,103.6 34.2
Pelagic catch2,603.52,507.5 -3.724,914.423,809.5 -4.4
Herring2,251.62,325.0 3.35,868.54,175.0 -28.9
Capelin0.00.0 6,709.45,891.7 -12.2
Blue whiting130.681.2 -37.8 3,811.0 6,236.5 63.6
Mackerel 221.2 101.3 -54.2 8,525.4 7,506.4 -12.0
Other pelagics 0.0 0.0 0.0 0.0
Shellfish catch179.0136.9-23.52,426.42,629.0 8.3
Lobster 41.2 3.4 -91.8 834.4 575.8 -31.0
Shrimp69.964.2 -8.1 1,241.7 1,505.1 21.2
Other shellfish67.969.3 2.1350.3548.156.5
Miscellaneous catch 0.0 0.0 0.0 0.0

Value of catch by type of landing 2017–2018
Million ISK October November-October
2017 2018 % 2016-2017 2017-2018 %
Total value11,127.712,115.0 8.9109,390.2124,727.1 14.0
For domestic processing6,448.56,447.8 0.059,460.970,027.5 17.8
To auction market, for domestic processing1,656.11,938.5 17.016,010.918,939.2 18.3
Frozen at sea, for domestic re-processing0.4 0.0 67.71.5 -97.8
For export in containers477.6817.9 71.34,062.85,557.5 36.8
Frozen at sea2,528.02,898.6 14.729,532.929,947.6 1.4
Other types of landings17.212.3 -28.1255.0253.8 -0.5

Value of catch by region of landing 2017–2018
Million ISK October November-October
2017 2018 % 2016-2017 2017-2018 %
Total value11,127.712,115.0 8.9109,390.2124,727.1 14.0
Capital region2,332.43,255.0 39.626,953.732,254.0 19.7
West601.5527.8 -12.35,947.07,254.9 22.0
Westfjords669.7590.5-11.85,793.46,656.314.9
Northwest469.4373.6 -20.45,520.25,902.9 6.9
Northeast1,861.71,854.6 -0.413,976.415,058.7 7.7
East1,829.31,865.9 2.017,606.820,996.8 19.3
South931.8605.0-35.111,103.79,439.7 -15.0
Southwest1,939.92,189.2 12.818,210.421,224.5 16.6
Abroad491.8853.5 73.54,278.45,939.3 38.8

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.

Statistics

Further Information

For further information please contact 528 1260 , email fiskitolur@hagstofa.is

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