Value of Icelandic Fish Catch Increases in Q2 Skip to content

Value of Icelandic Fish Catch Increases in Q2

The total value of the catch of Icelandic fishing vessels amounted to ISK 69.7 billion (USD 588 million, EUR 435 million) in January-June 2011, compared with ISK 68.4 billion in the first six months of 2010.

cod_ipa

Icelandic cod. Icelandic Photo Agency.

The total value of the Icelandic fish catch therefore increased by 1.9 percent between years, as stated on the website of Statistics Iceland.

The total value of demersal species accounted for ISK 48.4 billion. Thereof, the value of cod was ISK 24.2 billion, haddock 6.2 billion, and redfish 6.3 billion.

Meanwhile, the total value of pelagic fish species accounted for ISK 13.3 billion and flatfish catches for 5.8 billion.

Click here to read other recent news from the fishing industry.

ESA

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