Icelandic cod production is strong, retail consumption helps the industry recover

News from Intrafish on February 22, the strong production of Icelandic cod and weak demand in the catering industry have jointly depressed the price of Icelandic cod. Suppliers believe that the growth of new markets and retail sales may help the industry to recover. At the beginning of the year As of February 15th, the average price of unwalted Icelandic fresh cod at auction was 2.08 euros per kilogram, and the average price of dewaled cod was 2.17 Euros per kilogram, which was 17% and 26% lower than the average price in 2020, respectively. Ocean According to the data center, the fishery company has completed 50% of the total quota of 254,273 tons. The usual fishing season is from September 1 to August 31 of the following year. In 2020, the export of whole fish from Iceland increased by 60%, and the export of frozen fish pieces from the sea Exports to the Netherlands increased by 54%, exports to the Netherlands increased by 150%, while exports to Denmark increased by 4 times. ...