Value of Icelandic catch falls by 12 percent in a year

Published on
August 11, 2017
Iceland boats

The total volume of fish and shellfish landed by Icelandic vessels last year amounted to 1,067,000 metric tons (MT), which was 252,000 MT less than in 2015. In value terms, these landings totaled ISK 133 billion (USD 1.3 billion, EUR 1.1 billion), down 12.1 percent, Statistics Iceland has confirmed. 

While Iceland’s demersal catch increased by 4.7 percent to 456,000 MT last year, its value fell by 9.9 percent to ISK 92.6 billion (USD 871.2 million, EUR 743 million).

L…

Contributing Editor reporting from London, UK

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