August 26, 2019 — Almost 1.26 million metric tons (MT) of fisheries products were caught by the Icelandic fishing fleet last year, an increase of 6.7 percent or 79,025 MT, and the total first-sale value of that catch rose 15.6 percent to almost ISK 128 billion (USD 1 billion, EUR 924.7 million), according to figures gathered by Statistics Iceland.
The largest contributor to these increases was the demersal sector, which saw its catch increase by 12 percent in volume, or 51,341 MT, to 480,224 MT. The value of these landings climbed 17.9 percent to ISK 90.8 billion (USD 726.4 million, EUR 656 million).