What is the price of mackerel per kilogram/pound in Iceland today?
The retail price range for Iceland mackerel is between US$ 7.71 and US$ 10.60 per kilogram or between US$ 3.49 and US$ 4.81 per pound(lb). Click here to see today's exact prices of mackerel in Iceland
The retail price range in Iceland Krona for mackerel is between ISK 1,079.32 and ISK 1,484.57 per kilogram or between ISK 489.49 and ISK 673.28 per pound(lb) in Reykjavík and Akureyri.
Wholesale prices
In 2024, the approximate wholesale price range for Iceland mackerel is between US$ 5.39 and US$ 7.42 per kilogram or between US$ 2.45 and US$ 3.37 per pound(lb).
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Iceland mackerel - Production, Exports, Imports, Seasons and HS Codes
The amount of mackerel exported by Iceland in 2020 was 75,616 metric tonnes. In 2019 Iceland exported 85,059 tonnes of mackerel. For 2019 alone, the interest in Iceland mackerel (fish category) has climbed, recording a change of 20.267 % compared to the year 2018. Between 2017 and 2019, mackerel's exports increased by 26.72 pc netting Iceland US$134.49m for the year 2019. Iceland's mackerel exports are classified as:
- Fresh or chilled jack and horse mackerel "Trachurus spp." (HS code 030245)
- Fresh or chilled Indian mackerels "Rastrelliger spp.", seerfishes "Scomberomorus spp.", jacks, crevalles "Caranx spp.", silver pomfrets "Pampus spp.", Pacific saury "Cololabis saira", scads "Decapterus spp.", capelin "Mallotus villosus", Kawakawa "Euthynnus affinis", bonitos "Sarda spp.", marlins, sailfishes and spearfish "Istiophoridae" (HS code 030249)
- Fresh or chilled mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus) (HS code 030264)
- Frozen mackerel "Scomber scombrus, Scomber australasicus, Scomber japonicus" (HS code 030354)
- Prepared or preserved mackerel, whole or in pieces (excluding minced) (HS code 160415)
- Fresh or chilled mackerel "Scomber scombrus, Scomber australasicus, Scomber japonicus" (HS code 030244)
- Frozen jack and horse mackerel "Trachurus spp." (HS code 030355)
- Frozen mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus) (HS code 030374)
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Iceland mackerel export values
In 2019, Iceland exported mackerel with a value of 134.49m USD, an increment of 23.33% from 2018's total mackerel export of 109.047m USD. The annual increase in value of Iceland mackerel between 2017 to 2018 was 23.444 per cent.
The annual change in the amount of Iceland's mackerel exports between 2017 and 2019 was 26.72 per cent when compared to a variation of 20.267% in the growth rate between 2018 and 2019.
Iceland's share of the world's total mackerel's exports in 2019 was less than 1%. The country is ranked number 55 in world exports of mackerel.
Export markets for Iceland mackerel ( in '000$ )
Import/Export Trends
Iceland is a net exporter of mackerel. The annual growth of Iceland mackerel in value between 2015 to 2019 was 37%, per annum, while annual growth in quantity through the same period was 21%, per annum.
Iceland brought in 2,817 tonnes of mackerel in 2019.