Increased value of catch in February

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

Photo: Hjörtur Gíslason

 

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