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Expat Exchange - Best Markets in Reykjavik 2024
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Best Markets in Reykjavik

By Betsy Burlingame

William Russell
William Russell

Summary: What are the best markets in Reykjavik? In this article we highlight the best markets in Reykjavik.

Reykjavik, the vibrant capital of Iceland, is not only a hub for natural wonders but also a place where culture and commerce collide. Expats and digital nomads will find that the city's markets are a reflection of its eclectic charm, offering everything from fresh local produce to handcrafted goods. Whether you're looking to stock up on groceries, find a unique gift, or simply soak up the local atmosphere, Reykjavik's markets are a must-visit. Here are some of the best markets in the city that provide a taste of Icelandic life.

Kolaportid Flea Market

Location: Tryggvagata 19, 101 Reykjavik
Type of Market: Flea Market
Open: Weekends, 11-5

Kolaportid, located near the old harbor, is Iceland's largest flea market and a treasure trove for those looking for second-hand goods, vintage clothing, antiques, and books. It's an indoor market, making it a perfect destination regardless of the weather. The market also features a food section where you can find traditional Icelandic delicacies.

We Recommend: Trying the fermented shark, a traditional Icelandic dish, or grabbing a bag of licorice – a local favorite.

Reykjavik Farmers Market

Location: Fákafen 11, 108 Reykjavik
Type of Market: Farmers Market
Open: Saturdays, 11-4

The Reykjavik Farmers Market is a hub for local produce, offering fresh vegetables, fruits, meats, and dairy products. It's a great place to support local farmers and artisans while enjoying the freshest ingredients Iceland has to offer. The market also features handmade crafts and textiles.

We Recommend: Sampling the skyr, a creamy Icelandic yogurt, and picking up some hand-knitted woolen goods.

Grandi Matholl

Location: Grandagarður 16, 101 Reykjavik
Type of Market: Food Market
Open: Daily, 11-9

Grandi Matholl is a trendy food hall located in the Grandi area, a former industrial district turned cultural hotspot. This indoor market is home to a variety of food stalls serving up everything from gourmet burgers to fresh seafood. It's a great place to experience Reykjavik's contemporary culinary scene in a casual setting.

We Recommend: Indulging in the freshly caught fish of the day or trying the Icelandic lamb stew.

Hlemmur Matholl

Location: Laugavegur 107, 105 Reykjavik
Type of Market: Food Market
Open: Daily, 8-11

Hlemmur Matholl, situated at the eastern end of Laugavegur, Reykjavik's main shopping street, is another food hall offering a diverse range of culinary delights. This market is housed in a historic bus terminal and has been transformed into a modern gastronomic hub with a cozy atmosphere.

We Recommend: Savoring the artisanal ice cream or enjoying a cup of quality Icelandic coffee.

Laugardalslaug Flea Market

Location: Sundlaugavegur, 105 Reykjavik
Type of Market: Flea Market
Open: Sundays, 9-1

Located near Laugardalslaug, Reykjavik's largest swimming pool, this outdoor flea market is a favorite among locals. It's a great place to find bargains on clothes, toys, and household items. The market operates year-round, weather permitting, and is a fun way to spend a Sunday morning.

We Recommend: Hunting for unique Icelandic souvenirs and vintage fashion finds.

Handknitting Association of Iceland

Location: Skólavörðustígur 19, 101 Reykjavik
Type of Market: Craft Market
Open: Daily, 9-6

While not a traditional market, the Handknitting Association of Iceland offers a wide range of hand-knitted items made by local artisans. It's the perfect place to find authentic Icelandic wool sweaters, hats, and scarves. The quality and craftsmanship are unparalleled, and you'll be supporting local knitters.

We Recommend: Purchasing a classic lopapeysa, the iconic Icelandic wool sweater known for its warmth and distinctive patterns.

Reykjavik Artisan Market

Location: Various locations, check their Facebook page for updates
Type of Market: Artisan Market
Open: Seasonal, usually weekends

The Reykjavik Artisan Market is a pop-up market that showcases the work of local artists and craftspeople. You can find a variety of handmade goods, including jewelry, ceramics, and artwork. The market's location and dates vary, so it's best to check their social media for the latest information.

We Recommend: Exploring the unique jewelry pieces that often incorporate Icelandic stones and materials.

Reykjavik Christmas Market

Location: Ingólfstorg Square, 101 Reykjavik
Type of Market: Seasonal Market
Open: December, specific dates vary

The Reykjavik Christmas Market is a festive seasonal market that brings holiday cheer to the heart of the city. It's filled with stalls selling traditional Icelandic Christmas decorations, gifts, and treats. The market is a great place to experience the local holiday traditions and enjoy the winter festivities.

We Recommend: Trying the jólakaka, a traditional Icelandic Christmas cake, and picking up some handcrafted Christmas ornaments.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


William Russell
William Russell

William Russell
William Russell

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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