Value of Iceland’s fisheries catch falls to USD 1.2 billion as pelagic revenues tumble

Iceland’s fishing fleet landed seafood with a total value of ISK 142 billion (USD 1.2 billion, EUR 1.1 billion) in the 12-month period from June 2015 to May 2016, a decrease of 5.6 percent year-on-year. In this period, the value of the country’s demersal and flatfish catches increased by 3.2 percent and 35.5 percent, respectively. However, the pelagic catch’s value decreased by 34.5 percent, according to new figures published by Statistics Iceland.

The country’s demersal catch achieved …


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