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 value | 11,127.7 | 12,115.0 | 8.9 | 109,390.2 | 124,727.1 | 14.0 |
Demersal catch | 7,868.2 | 8,627.5 | 9.7 | 74,518.3 | 88,185.0 | 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 | 7,729.6 | 31.3 |
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 demersal | 311.6 | 243.0 | -22.0 | 3,895.3 | 4,502.8 | 15.6 |
Flatfish catch | 477.1 | 843.1 | 76.7 | 7,531.1 | 10,103.6 | 34.2 |
Pelagic catch | 2,603.5 | 2,507.5 | -3.7 | 24,914.4 | 23,809.5 | -4.4 |
Herring | 2,251.6 | 2,325.0 | 3.3 | 5,868.5 | 4,175.0 | -28.9 |
Capelin | 0.0 | 0.0 | – | 6,709.4 | 5,891.7 | -12.2 |
Blue whiting | 130.6 | 81.2 | -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 catch | 179.0 | 136.9 | -23.5 | 2,426.4 | 2,629.0 | 8.3 |
Lobster | 41.2 | 3.4 | -91.8 | 834.4 | 575.8 | -31.0 |
Shrimp | 69.9 | 64.2 | -8.1 | 1,241.7 | 1,505.1 | 21.2 |
Other shellfish | 67.9 | 69.3 | 2.1 | 350.3 | 548.1 | 56.5 |
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 value | 11,127.7 | 12,115.0 | 8.9 | 109,390.2 | 124,727.1 | 14.0 |
For domestic processing | 6,448.5 | 6,447.8 | 0.0 | 59,460.9 | 70,027.5 | 17.8 |
To auction market, for domestic processing | 1,656.1 | 1,938.5 | 17.0 | 16,010.9 | 18,939.2 | 18.3 |
Frozen at sea, for domestic re-processing | 0.4 | 0.0 | – | 67.7 | 1.5 | -97.8 |
For export in containers | 477.6 | 817.9 | 71.3 | 4,062.8 | 5,557.5 | 36.8 |
Frozen at sea | 2,528.0 | 2,898.6 | 14.7 | 29,532.9 | 29,947.6 | 1.4 |
Other types of landings | 17.2 | 12.3 | -28.1 | 255.0 | 253.8 | -0.5 |
Value of catch by region of landing 2017–2018 | ||||||
Million ISK | October | November-October | ||||
2017 | 2018 | % | 2016-2017 | 2017-2018 | % | |
Total value | 11,127.7 | 12,115.0 | 8.9 | 109,390.2 | 124,727.1 | 14.0 |
Capital region | 2,332.4 | 3,255.0 | 39.6 | 26,953.7 | 32,254.0 | 19.7 |
West | 601.5 | 527.8 | -12.3 | 5,947.0 | 7,254.9 | 22.0 |
Westfjords | 669.7 | 590.5 | -11.8 | 5,793.4 | 6,656.3 | 14.9 |
Northwest | 469.4 | 373.6 | -20.4 | 5,520.2 | 5,902.9 | 6.9 |
Northeast | 1,861.7 | 1,854.6 | -0.4 | 13,976.4 | 15,058.7 | 7.7 |
East | 1,829.3 | 1,865.9 | 2.0 | 17,606.8 | 20,996.8 | 19.3 |
South | 931.8 | 605.0 | -35.1 | 11,103.7 | 9,439.7 | -15.0 |
Southwest | 1,939.9 | 2,189.2 | 12.8 | 18,210.4 | 21,224.5 | 16.6 |
Abroad | 491.8 | 853.5 | 73.5 | 4,278.4 | 5,939.3 | 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.