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Consolidation in the fishing industry

Arev employees wrote an article in Vísbendingu about consolidation in the fishing industry. Link to the article is here.

The article includes a table showing MHHI, HHI, CR3 and CR8 for the fishing year 23/24 based on ownership at the end of 2023:

TypeMHHI valueHHI valueCR3%CR8%
Cod value (%)70659527,661,6
Perch/Golden Perch1.5081.23942,774,9
Cod55349724,655,9
Ufsi93687533,671,5
haddock66862121,260,8
Pelagic species1562141836.678.1
Without pelagic teg.67256627.160.6

There is also a table showing similar information for the grocery market:

AssociationSales (ma)Market share of %HHI valueCR3%CR8%
Good manners122.01547%2.181
Fixed70.65927%731
Home shopping5.0802%4
Remote purchase4.1432%3
Costco8.7283%11
Euro & Mini market3.3131%2
Others5.2412%4
Joint purchase42.10816%260
 
Total26.288 3.19576%98%

The tables show that there is a big difference between concentration in the food market and in catch sources.

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