Exploring the Top Markets in Iceland: Local Delights and Hidden Finds

Markets in Iceland beautifully reflect the country’s culture, blending tradition and craftsmanship. From Reykjavik’s lively Kolaportið flea market to rural artisan stalls, they offer unique treasures like handmade crafts, woolen goods, and traditional foods such as skyr and dried fish.

This article highlights Iceland’s top markets, helping you discover the best shopping spots and hidden gems.

Best Markets in Iceland

Iceland offers a variety of vibrant markets that showcase the country’s culture, local delicacies, and artisan products. Here’s a detailed overview of some of the best markets you should explore:

1. Hlemmur Food Market

Hlemmur Food Market is a vibrant food market in Reykjavik, offering a variety of Icelandic and international food stalls. It’s the perfect spot for food lovers to enjoy fresh local produce, gourmet treats, and street food in a lively atmosphere.

Opening Hours:	Fridays and Saturdays, 11 AM – 5 PM
Location:	Situated at Hlemmur, near the Reykjavik bus terminal. It’s a short walk from the city center.
How to Get There:	You can walk from downtown Reykjavik (about 10 minutes) or take a bus to Hlemmur.

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2. Ljómalind Local Market

Opening Hours:	Full Week, 10 AM – 06 PM
Location:	Brúartorg 4, 310 Borgarnes, Iceland
How to Get There:	It’s easily accessible on foot from the center of Borgarnes.

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3. Akureyri Christmas Market

Held in Akureyri during winter, this festive market offers handcrafted gifts, Icelandic delicacies, and holiday decorations, showcasing Iceland’s holiday spirit and local crafts.

When to go:	The market is held on Fridays and Saturdays in December
Location:	at Skógarlundur,
What to see and do :	Browse items made from clay, glass, and wood also See wall art

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Famous Flea Markets in Iceland

Iceland’s flea markets offer a unique opportunity to discover hidden gems, antique treasures, and Icelandic specialties. Here are some of the most famous flea markets in the country:

4. Kolaportíð Flea Market in Reykjavík

Located in the heart of Reykjavík, Kolaportíð is Iceland’s largest flea market, offering a mix of vintage clothing, antiques, and local delicacies like fermented shark and smoked lamb. It’s a weekend favorite for unique Icelandic finds.

Opening Hours:	Saturdays and Sundays, 11 AM – 5 PM
Location:	Located near Reykjavik’s harbor, close to the Old Harbour area. It’s easily accessible by foot from Reykjavik city center or via public transport.
How to Get There:	You can easily walk there from Reykjavík’s city center, or take a bus to the nearby stops on Tryggvagata.

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5. Hafnarfjörður Flea Market

Located just outside Reykjavík, Hafnarfjörður’s flea market is a charming and relaxed spot known for its unique mix of antiques, second-hand goods, and local Icelandic crafts. It’s perfect for those seeking one-of-a-kind finds.

Opening Hours:	Saturdays and Sundays, 11 AM – 5 PM
Location:	Located near Reykjavik’s harbor, close to the Old Harbour area. It’s easily accessible by foot from Reykjavik city center or via public transport.
How to Get There:	You can walk from downtown Reykjavik (about 10-15 minutes) or take a bus to the nearby stop.

 

What to Buy:	Vintage furniture, handcrafted jewelry, local artwork, and Icelandic wool products.
Best Time to Visit:	Summer weekends when the market is at its busiest.

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Local Food Markets in Iceland

Iceland offers a variety of food markets that highlight the country’s rich culinary traditions and fresh, local ingredients. From seafood to dairy, these markets are a perfect way to experience the tastes of Iceland.

6. Reykjavík Street Food Market

Located in downtown Reykjavík, the Street Food Market is a lively spot for both locals and tourists looking to indulge in traditional Icelandic dishes. The market offers a range of foods, from the classic Icelandic hot dog to fresh seafood and hearty lamb soup.

Must-Try Foods:	Hot dogs, fresh seafood, lamb soup
Best Time to Visit:	Lunchtime or early evening for a lively atmosphere

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7. Hlemmur Mathöll

Housed in a former bus terminal, Hlemmur Mathöll is a bustling food market in Reykjavík. It’s known for its variety of Icelandic and international foods, offering everything from fresh seafood to locally sourced lamb dishes, and craft beers.

Must-Try Foods:	Fresh seafood, Icelandic lamb dishes, craft beers
Best Time to Visit:	Lunchtime or early evening for the best selection

8. Kolaportið Flea Market (Food Section)

While Kolaportið is primarily a flea market, it also offers a diverse range of local food products, including dried fish, Icelandic cheeses, and unique Icelandic sweets. It’s the perfect spot to try out traditional Icelandic snacks and pick up some edible souvenirs.

Must-Try Foods:	Dried fish, Icelandic cheeses, traditional sweets
Best Time to Visit:	Saturdays and Sundays, particularly in the morning for fresh offerings

9. Borgarnes Farmers Market

Just outside of Reykjavík, the Borgarnes Farmers Market provides a delightful selection of Icelandic delicacies, including freshly caught fish, homemade cheeses, and local honey. It’s a great place to meet local producers and taste organic, farm-fresh products.

Must-Try Foods:	Fresh fish, homemade cheeses, local honey
Best Time to Visit:	Summer months for peak freshness and variety

Antique and Handicraft Markets in Iceland

Iceland’s antique and handicraft markets showcase traditional craftsmanship, offering unique, locally made items like wool products, jewelry, and ceramics. These markets provide a great opportunity to find authentic Icelandic souvenirs and connect with local artisans.

10. Handknitting Association of Iceland

Located in Reykjavík, the Handknitting Association of Iceland is a must-visit for anyone seeking traditional Icelandic wool products. The association offers beautifully handcrafted items such as the famous Lopapeysa (Icelandic wool sweaters), scarves, mittens, and hats, all made by local artisans.

Opening Hours:	Mondays and Fridays, 09 AM – 06 PM, and Saturdays, 09 AM-05 PM
Location:	Skólavörðustígur 19, 101 Reykjavík, Iceland
How to Get There:	You can walk from downtown Reykjavik (about 10-15 minutes) or take a bus to the nearby stop.

 

Specialties:	Icelandic wool sweaters, scarves, mittens
Best Time to Visit:	Anytime during opening hours for a variety of handmade products

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11. The Icelandic Handicraft Fair, Handverk og Hönnun

Held annually in Reykjavík, this fair celebrates Icelandic craftsmanship, offering a variety of handmade items like pottery, textiles, jewelry, and home decor. The fair showcases the talents of local artisans and designers, making it a great place to find one-of-a-kind souvenirs and gifts.

What to Buy:	Pottery, textiles, jewelry, home decor.
Best Time to Visit:	Annually in April.

Street Shopping and Weekend Markets in Iceland

Iceland’s street shopping and weekend markets provide a vibrant atmosphere with a wide range of offerings, from second-hand finds to handmade crafts. These markets are great for discovering unique, affordable items while immersing yourself in the local culture and community vibe.

Seasonal and Wholesale Markets in Iceland

These markets feature festive atmospheres, handcrafted goods, and local produce. From Christmas markets to summer bazaars, they provide unique shopping experiences and opportunities to explore Icelandic traditions and seasonal specialties.

12. Hafnarfjörður Summer Market

This seasonal market, held during the summer, showcases Icelandic crafts, artwork, and fresh produce. Known for its scenic location and vibrant atmosphere, it’s a great place to explore local flavors and find unique souvenirs from the town’s artisans.

Opening Hours:	Saturdays and Sundays, 11 AM – 5 PM
Location:	Located near Reykjavik’s harbor, close to the Old Harbour area. It’s easily accessible by foot from Reykjavik city center or via public transport.
How to Get There:	You can walk from downtown Reykjavik (about 10-15 minutes) or take a bus to the nearby stop.

 

What to Buy:	Vintage furniture, handcrafted jewelry, local artwork, and Icelandic wool products.
Best Time to Visit:	Summer weekends when the market is at its busiest.

13. Reykjavík Christmas Market

Reykjavík, Iceland has many Christmas markets, including ones at Ingólfstorg Square, Austurvöllur, Hjartagarður Square, and Árbær Open Air Museum. The markets feature local crafts, food, and drinks, and some also have ice rinks.

When to go:	Weekends between November 30th and December 15th: 1 PM – 8 PM. December 19th – 20th: 4 PM – 8 PM.   December 21st – 22nd: 12 PM – 9 PM.   December 23rd: 2 PM – 11 PM.
Location:	in Reykjavík
What to Buy:	Icelandic wool products, local crafts, and Christmas decorations.
Best Time to Visit:	December, during the holiday season

14. Wholesale Food Markets in Reykjavík

For those seeking bulk goods or seasonal produce, Reykjavík offers wholesale food markets that specialize in fresh, local ingredients, from fruits and vegetables to seafood and meats. These markets cater to both locals and businesses looking for quality ingredients.

What to Buy:	Fresh produce, seafood, meats, and Icelandic specialty foods.
Best Time to Visit:	Year-round, particularly in the early mornings.

15. Reykjavík Summer Market

The Reykjavík Summer Market is a vibrant seasonal market that takes place during the warmer months, offering a blend of local crafts, fresh produce, and Icelandic delicacies. It’s a perfect spot for tourists and locals to enjoy the summer atmosphere and explore handmade goods and fresh ingredients.

What to Buy:	Handmade crafts, fresh produce, local foods, jewelry.
Best Time to Visit:	June to August.

16. Vík í Mýrdal Farmers Market

Located in the picturesque town of Vík, this market focuses on seasonal produce, handmade crafts, and local Icelandic specialties. It’s an ideal stop for those looking to explore Iceland’s southern region and enjoy fresh, locally produced goods while experiencing the area’s natural beauty.

What to Buy:	Seasonal fruits and vegetables, homemade jams, Icelandic wool products.
Best Time to Visit:	Summer months, from June to September.

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Why Icelandic Markets Should Be in Your Visit List

Markets in Iceland are not just about shopping; they are an experience. They offer insights into Icelandic traditions, a chance to interact with local artisans, and an opportunity to savor the country’s unique culinary offerings. Whether you are hunting for a one-of-a-kind souvenir or indulging in fresh seafood, these markets have something for everyone.

Tips for Shopping in Iceland’s Markets

Maximize your market visits with practical advice, from carrying reusable bags and cash to checking opening hours. Engage with vendors to learn about products, and explore sustainable practices while enjoying Iceland’s vibrant market culture.

Bring a Reusable Bag:	Iceland encourages eco-friendly practices; carrying your own bag reduces waste.
Carry Cash:	Some vendors, especially in smaller markets, may not accept cards.
Check Schedules:	Market timings can vary by season, so verify opening hours before visiting.
Engage with Vendors:	Learn about the history or craftsmanship behind products for a more enriching experience.
Arrive Early:	Visiting early ensures access to the best selections and a less crowded experience.

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Budget Tips for Shopping in Iceland

• Plan Ahead
• Use Public Transport
• Visit Local Markets
• Take Advantage of Tax-Free Shopping
• Shop During Sales Periods
• Bring Reusable Bags
• Stick to a Budget

Packing Tips for Traveling to Iceland for Shopping

These essentials will keep you comfortable and prepared for your shopping adventure in Iceland:

Warm Layers:	Iceland’s weather can be unpredictable, so pack thermal layers, a waterproof jacket, and a good pair of boots for comfort while exploring markets.
Reusable Shopping Bag:	Bring a reusable bag for carrying your purchases, as Iceland promotes eco-friendly shopping practices.
Cash and Cards:	Most shops accept cards, but it’s helpful to have some Icelandic króna for small purchases at markets or street vendors
Power Adapter:	Iceland uses the standard European two-pin plug, so pack an adapter for your electronics.
Lightweight Luggage:	Choose a suitcase or backpack that’s easy to carry, especially if you plan to explore local markets or shop for souvenirs.
Camera or Phone:	Capture the sights, local crafts, and unique finds while shopping in Iceland’s charming markets.

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Frequently Asked Questions

Is Iceland crowded during shopping seasons?

Iceland’s markets are typically less crowded than major tourist destinations. However, during summer and the holiday season, popular markets like Kolaportið can see more visitors.

What Icelandic foods should I try while shopping?

Don’t miss Icelandic treats like lamb hot dogs, traditional pastries (kleina), and fresh seafood. Many markets have food stalls offering local dishes.

Are Icelandic markets worth visiting during winter?

Absolutely! Winter markets, including Christmas markets, offer a cozy atmosphere with seasonal goods, handmade gifts, and festive food.

What are the best photography spots in Icelandic markets?

Kolaportið’s vibrant stalls, the colorful houses along Laugavegur, and Reykjavík’s Christmas markets provide great photo opportunities.

What is the best time to visit Iceland for shopping?

Visit during summer (June to August) for outdoor markets or December for festive Christmas markets and seasonal shopping events.

Are there specific seasonal markets in Iceland?

Yes, seasonal markets in Iceland like Christmas markets are popular during winter, offering festive decorations, handmade gifts, and local delicacies.