The total volume of fish produced by Iceland’s aquaculture industry increased by 10% in 2024 to almost 54,800 tonnes, with most of the volume accounted for by Atlantic salmon, with the country’s farms harvesting 49,300 tonnes of the species.

New data compiled by Statistics Iceland also found the country’s Arctic char production amounted to 4,800 tonnes last year, a 9% decrease on 2023’s output, while other species accounted for less than 1,000 tonnes.
Overall, the export value generated by Iceland’s aquaculture products increased by 17% last year, reaching ISK 53.8 billion. Of this, salmon products accounted for approximately ISK 47.7 billion and Arctic char less than ISK 4.5 billion.
Iceland is the fourth largest producer of salmon in Europe behind Norway (1.5 million tonnes in 2023). Scotland (151,000 tonnes) and the Faroe Islands (80,500 tonnes). It is also by far the world’s leading producer of Arctic char, followed by Norway, Austria and Germany.
