NEWS RELEASE FISHERIES 28 MARCH 2018

In 2017 the total value of Icelandic catch was 110 billion ISK compared with nearly 133 billion in 2016. The total value has therefore decreased by 17.3%. At the same time the total catch in tonnes increased by 10%, from 1,067 thousand tonnes in 2016 to 1,177 thousand tonnes in 2017. The value of catch in December 2017 was 7.4 billion ISK compared with 6.6 billion in the previous year.

The value of demersal catch in 2017 was 76.2 billion ISK which is a decrease of 17.7% from the previous year. The value of pelagic catch was 23.8 billion ISK which is 14.6% less than in 2016. The value of capelin increased by 35.6% while the value of herring and blue whiting decreased. The value of flatfish and shellfish catch in Iceland also decreased significantly between years.

Value of catch 2016–2017
Million ISK December January-December
  2016 2017 % 2016 2017 %
             
Total value 6,566.1 7,452.5 13.5 133,021.2 109,953.3 -17.3
             
Demersal catch 4,973.4 6,107.0 22.8 92,649.1 76,244.4 -17.7
Cod 3,206.8 4,033.7 25.8 58,001.6 48,716.9 -16.0
Haddock 525.4 661.4 25.9 9,278.7 7,948.3 -14.3
Saith 414.2 519.7 25.5 8,476.5 6,428.4 -24.2
Redfish 647.5 610.4 -5.7 11,121.7 8,836.7 -20.5
Ocean redfish 0.0 0.0 597.4 333.3 -44.2
Other demersal 179.5 281.8 57.0 5,173.2 3,980.9 -23.0
Flatfish catch 329.1 359.1 9.1 9,060.4 7,492.0 -17.3
Pelagic catch 1,225.3 935.0 -23.7 27,837.4 23,777.9 -14.6
Herring 705.9 216.7 -69.3 6,583.7 4,464.9 -32.2
Capelin 0.0 0.0 4,947.9 6,709.4 35.6
Blue whiting 519.4 718.3 38.3 5,409.0 4,078.1 -24.6
Mackerel 0.0 0.0 10,896.7 8,525.4 -21.8
Other pelagics 0.0 0.0 0.1 0.0 -43.7
Shellfish catch 38.2 51.4 34.4 3,474.3 2,439.0 -29.8
Lobster 0.0 0.0 -100.0 889.6 833.6 -6.3
Shrimp 14.9 21.5 43.9 2,192.7 1,231.0 -43.9
Other shellfish 23.3 29.9 28.4 392.0 374.3 -4.5
Miscellaneous catch 0.0 0.0 0.0 0.0
Value of catch by type of landing 2016–2017
Million ISK December January-December
  2016 2017 % 2016 2017 %
             
Total value 6,566.1 7,452.5 13.5 133,021.2 109,953.3 -17.3
             
For domestic processing 3,533.9 4,359.2 23.4 70,204.0 60,007.4 -14.5
To auction market, for domestic processing 842.3 1,126.1 33.7 19,531.0 16,350.9 -16.3
Frozen at sea, for domestic re-processing 0.0 0.0 0.0 68.2
For export in containers 146.5 181.1 23.7 5,052.2 4,128.4 -18.3
Frozen at sea 2,025.9 1,778.6 -12.2 37,105.8 29,173.2 -21.4
Other types of landings 17.5 7.5 -57.1 1,128.2 225.2 -80.0
Value of catch by region of landing 2016–2017
Million ISK December January-December
  2016 2017 % 2016 2017 %
             
Total value 6,566.1 7,452.5 13.5 133,021.2 109,953.3 -17.3
             
Capital region 1,677.3 1,919.6 14.4 32,594.7 27,671.3 -15.1
West 326.9 406.9 24.5 6,831.2 6,042.4 -11.5
Westfjords 397.3 453.0 14.0 7,706.3 5,703.1 -26.0
Northwest 492.5 397.0 -19.4 8,862.1 5,290.5 -40.3
Northeast 862.0 956.0 10.9 17,231.8 13,844.2 -19.7
East  1,078.0 1,029.8 -4.5 18,594.7 17,497.1 -5.9
South 397.0 535.3 34.8 12,865.8 10,813.6 -16.0
Southwest 1,179.4 1,559.7 32.2 22,386.2 18,742.3 -16.3
Abroad 155.7 195.1 25.3 5,948.6 4,348.8 -26.9

Statistics

Further Information

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

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