The value of Icelandic coastal fisheries was 5 billion ISK last summer

Published 2024년 10월 14일

Tridge summary

Preliminary data from Iceland's Directorate of Fisheries reveals that the country's coastal fishing boats caught approximately 12,500 tons of fish, worth over 5 billion ISK, during the summer of the previous year. Nearly all of the catch (94%) was cod, with the rest being saithe. Compared to the same period in the previous year, the total catch from January to July fell by 36% to 565,000 tons. This decrease was largely due to a significant drop in the pelagic fish catch, as no capelin was caught at all. The total catch value for the year so far was just under 95 billion ISK, marking a 20% decrease compared to the previous year, with the largest decline being a 61% drop in the pelagic fish catch value.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Value of Icelandic Coastal Fisheries Was 5 Billion ISK Last Summer According to preliminary figures from the Directorate of Fisheries, the catch of coastal fishing boats in Iceland last summer was about 12,500 tons, and the value of the catch just over 5 billion ISK. Nearly 94% of the coastal fish catch was cod, with the remainder being mostly saithe. In the first seven months of the year, the total catch was 565,000 tons, which is 36% less than during the same period in 2023. The demersal fish catch increased by 7% to just over 250,000 tons while the pelagic fish catch decreased by 53% compared with the previous year, as no capelin has been caught this year. The catch value for the year to date is just under 95 billion ISK, which represents a 20% decrease compared with 2023. The largest decline is due to a 61% value drop in the pelagic fish catch. The value of the demersal fish catch was just under 74 billion ISK, compared with 76 billion ISK in 2023, marking a 3% decrease. ...

Source: Fish Focus