Total value decreased therefore by 5.3 per cent between years, reports Statistics Iceland.
Total value of demersal species accounted for ISK 48.3 billion; thereof cod ISK 24.7 billion, haddock 6.3 billion, and redfish 7 billion.
Total value of pelagic species accounted for ISK 20 billion and flatfish catches for 5 billion.
Big value declines were seen in flatfish catches, which are down 23 per cent from last year and miscellaneous catches - down 51.2 per cent.
Value of cod was down 9.1 per cent, whilst haddock fared even worse with value down 14.2 per cent.
Herring saw the biggest value decline of a huge 83.8 per cent.