Fishing for cod has been poor but is expected to improve over the next couple of years, reports IntraFish sister publication Fishing News International.
One of the islands’ main fisheries, saithe, has been strong and processors report that the demand for relatively low-cost saithe products has been steady.
Higher value species such as cod and haddock have seen fluctuations in both demand and price.
The Faroe Islands have a strong aquaculture sector that is one of the most efficient and strictly regulated in the world -- something that has been achieved with government and industry working together instead of against each other.
However,