
| Fish Processing and Fishing Gear in Iceland | |
With plentiful and secure supplies of high quality Icelandic fish, from the unpolluted waters of the North Atlantic. Iceland is the ideal location for companies producing fish products and fishing gear for the European and American markets. Iceland has a 200-mile exclusive zone of rich fishing grounds and a fishing fleet with total capacity of around 120,000 GRT. Plentiful supplies of fish are also available from foreign vessels and Iceland´s distant-water fleet fishing beyond the exclusive zone.
In recent years, total Icelandic catches have ranged from 1,5 to 2,1 million tonnes. The total catch by the Icelandic fleet was 1,724,000 tonnes in 2004 a decrease from 1,980,000 tonnes in 2003 or 14,85% decrease between the two years. In 2003 Iceland was the 12th largest fishing nation in the world with around 2% of world catches. Total export values of Marine products from Iceland state approximately the same between 2003 and 2004 came in with around ISK 113 billion or 62% of total export of goods and just over 42% for goods and services.
The productivity of the Icelandic fishing fleet is far higher than that of other North Atlantic countries, with catch value per fisherman nearly three times that in any other country. Productivity in both fishing and fish processing has increased through innovations in equipment design and product development.
Intense research and development in all areas of Icelandic fishing and Icelandic fish processing are major reasons for Iceland’s status as one of the most advanced seafood-producing nations. Iceland is a world leader in various areas of production technology. The sophistication of its fish processing technology is consistently leading to higher output, productivity and product yield.
Close to Sea (1,15 MB)
The Ocean Iceland´s policy (2,75 MB)
Icelandic Fisheries in Figures 2004 (3,34 MB)
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