The value of catch from Icelandic fishing vessels in October was 12.1 billion ISK, 1.9% less than in October last year. Demersal catch value increased by 2.9% and the total value was 9.1 billion ISK. Cod and haddock increased in value compared to October last year, cod by 7.7%, haddock by 6.2%. Value of pelagic catch was 11.3% less than in October 2018, or about 2.2 billion ISK whereas it was nearly 2.5 billion in October 2018. The dominant pelagic species was herring, with value of about 2.2 billion ISK. Value of flatfish was 22.3% less than in October 2018 or 655 million ISK.

Total value of catch in the 12 month period from November 2018 to October 2019 was 144 million ISK which is a 14.2% 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 October November-October
  2018 2019 % 2017-2018 2018-2019 %
Total value12,344.212,106.9 -1.9126,159.2144,098.1 14.2
Demersal catch8,856.59,114.0 2.989,620.1110,639.9 23.5
Cod 5,454.5 5,873.97.7 57,052.6 68,437.3 20.0
Haddock 1,089.8 1,157.1 6.2 9,626.2 14,731.6 53.0
Saithe 940.8 826.2 -12.2 7,731.7 10,418.334.7
Redfish 1,128.5 1,031.7 -8.6 10,489.1 11,700.8 11.6
Ocean redfish 0.0 0.0 218.8 51.3 -76.6
Other demersal242.9 225.1 -7.3 4,501.8 5,300.7 17.7
Flatfish catch843.3655.1 -22.3 10,100.6 9,318.8 -7.7
Pelagic catch2,507.52,225.3 -11.323,809.522,268.7 -6.5
Herring2,325.02,183.3 -6.14,175.06,551.3 56.9
Capelin0.00.0 5,891.70.0 -100.0
Blue whiting81.242.0 -48.2 6,236.5 7,229.3 15.9
Mackerel 101.3 0.0 -100.0 7,506.4 8,488.2 13.1
Other pelagics 0.0 0.0 0.0 0.0 121.2
Shellfish catch136.9112.2-18.02,629.01,870.4 -28.9
Lobster 3.4 0.8 -76.4 575.8 266.9 -53.6
Shrimp64.224.8 -61.5 1,505.1 1,042.3 -30.7
Other shellfish69.386.7 25.1548.1561.12.4
Miscellaneous catch 0.0 0.1 0.0 0.3

Value of catch by type of landing 2018–2019
Million ISK October November-October
  2018 2019 % 2017-2018 2018-2019 %
Total value12,344.212,106.9 -1.9126,159.2144,098.1 14.2
For domestic processing6,447.06,950.6 7.870,024.777,300.0 10.4
To auction market, for domestic processing1,938.31,681.9 -13.218,937.022,553.4 19.1
Frozen at sea, for domestic re-processing0.0 0.0 0.60.3 -40.6
For export in containers817.9486.6 -40.55,557.56,291.2 13.2
Frozen at sea3,128.62,862.1 -8.531,385.636,863.1 17.5
Other types of landings12.3125.8 253.71,090.1 329.7

Value of catch by region of landing 2018–2019
Million ISK October November-October
  2018 2019 % 2017-2018 2018-2019 %
Total value12,344.212,106.9 -1.9126,159.2144,098.1 14.2
Capital region3,255.02,772.0 -14.832,251.937,301.2 15.7
West527.8628.1 19.07,254.98,254.3 13.8
Westfjords590.7570.6-3.46,656.58,064.821.2
Northwest603.6916.4 51.87,341.210,269.1 39.9
Northeast1,853.61,613.0 -13.015,058.516,100.7 6.9
East1,865.91,797.1 -3.720,996.723,481.3 11.8
South605.0726.020.09,436.88,748.9 -7.3
Southwest2,189.12,317.7 5.921,223.424,149.0 13.8
Abroad853.5765.9 -10.35,939.27,728.7 30.1

Statistics