Icelandic fleet lands fewer fish but value increases – Fishupdate.com

Icelandic fleet lands fewer fish but value increases Published:  31 August, 2011

OFFICIAL figures show that the Icelandic fleet landed significantly less fish last year, although overall value rose.

The total catch of Icelandic fishing vessels in 2010 was 1,063 thousand tonnes, 66,000 tonnes less than in 2009. The value of the catch amounted to 133 billion ISK and increased by 15.2% from the previous year, an 11% increase at constant prices.

The largest part of the catch was processed in the Eastern part of the country, mainly pelagic fish. The highest regional share of the demersal catch, almost quarter of the quantity, was processed in the capital area, mainly in Reykjavík.

The main processing method for cod was freezing in land-based factories, as was the case for haddock.