Triton Iceland

Icelandic capelin quota increased

The Icelandic capelin quota of 2022 has been increased as the Norwegian vessels catchin off Iceland‘s coast were unable to finish their allocated quota. The additional 50.000 mt comes at a good time for the capelin roe production. If the weather holds Iceland is predicted to produce in excess of 15.000 mt of capelin roe.

So far about 64% of the total 662.000 total quota for 2022 has been caught. Thereof about 90% have gone into the production of fish meal (acc. to https://www.lodnufrettir.is/ ) The production of whole round capelin has been below market expectations and is seeing rising prices.

 

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