According to Morgunbladid newspaper, fish catch by the Icelandic fishing fleet in 2005 was 1,667,000 tons, the lowest figure since 1995 when it was 1,605,000 tons. The cod catch in 2005 was 14,000 tonnes less than in 2004, but the whiting and pollack catch was considerably more than the year before. More capelin and lobster were caught in 2005 compared to the previous year, while the catch of blue whiting decreased by 156,000 tons in 2005. The prawn catch was only 9,000 tons, and has not been less for a decade. No scallops were caught during the year.
However, because of an increase in herring processing on board trawlers, the value of the 2005 catch was similar to that of 2004, despite the decrease in overall catch.