Iceland's Catch, Value and Processing in 201103 September 2012
ICELAND - Statistics Iceland has released a new issue of Statistical Series in the topical category of fisheries. This issue presents catch, value and processing of catch 2011.
The total catch of Icelandic fishing vessels in 2011 was 1,149 thousand tonnes which is 85 thousand tonnes more than in 2010.
The value of the catch amounted to 154 billion ISK and increased by 15.7 per cent from previous year, 3.2 per cent 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, and for Atlantic mackerel frozen at sea or freezing in land-based factories. Total value of by-products amounted to 3.7 billion in 2011. Value of by-products is not included in the total value of catch.
TheFishSite News Desk