Icelandic Catch 2019

The total value of the Icelandic catch in 2019 increased by 13.4% depsite a reduction in catches 

The total catch of Icelandic vessels in 2019 was 1,047,568 tonnes which is 17% less than in 2018 mainly due to the reduction of catch is mainly due to less pelagic catch.

The first sale value of catch increased by 13.4% between years and amounted to over  €905 million in 2019.

Of demersal species the catch was 480,000 tonnes which is the same as in 2018. First sale value of the demersal catch was just under €768m which is 24% higher than in 2018. Cod was the main species in 2019 and was also the most valuable species. The cod catch was 273,000 tonnes with a value of €437m.

Catch of pelagic species was 534,00o tonnes in 2019, which is 27.7% less catch than in 2018. Of pelagic species the catch of mackerel was highest, about 268 thousand tonnes. The first sale value of pelagic species consisted of mackerel, about €53m, blue whiting €45 and herring €37m.

Flatfish catch was 22,000 tonnes in 2019, 18.1% less than in the previous year. The first sale value of flatfish was €58m which is 8.3% lower than in 2018. Finally the catch of shellfish species was 10,000 tonnes compared to 12,500 tonnes in 2018. The value of shellfish catch was €11.8m, 28.5% less than in 2018.

Icelandic Catch 2019

 

Catch volume and value of catch for major species 2018-2019
   Tonnes Million €
2018 2019

Diff. %

2018-19

2018 2019

Diff. %

2018-19

   
1,258,551
1,047,568
-16.8 798.6 905.1 13  
             
Demersal catch 480,223 480,956 0.2 566.5 701.0 24
Cod 275,017 272,989 -0.7 358.6 436.6 22
Haddock 48,459 57,747 19.2 66.0 90.0 36
Saithe 66,250 64,681 -2.4 49.6 65.1 31
Redfish 57,989 53,380 -7.9 63.7 75.6 19
Flatfish catch 27,089 22,188 -18.1 63.4 58.1 -8
Greenland halibut 15,210 12,044 -20.8 46.6 40.6 -13
Plaice 8,323 6,828 -18.0 11.2 11.8 5
Pelagic catch 738,741 534,373 -27.7 152.4 137.7 -12
Herring 40,460 30,041 -25.8 8.5 7.3 -14
Norwegian spring-spawning herring 83,445 107,889 29.3 20.5 29.5 44
Capelin 178,128 0 29.3 0
Capelin roe 8,198 0 7.2 0
Blue whiting 292,949 268,357 -8.4 39.7 44.8 13
Atlantic mackerel 135,559 128,084 -5.5 46.8 53.0 13
Shellfish catch 12,498 10,051 -19.6 16.2 11.2 -28
Lobster 728 259 -64.4 35.0 16.3 -53
Shrimp 4,473 2,920 -34.7 9.3 6.0 -29
             
Miscellaneous 0 0 0 0
Brian J McMullin Solicitors
MMG Welding Killybegs

Value of Icelandic catch in 2019 increased by 13.4% despite reduction

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