Iceland: Air Conditioning Machine Market 2020

Air Conditioning Machine Market Size in Iceland

The revenue of the air conditioning machine market in Iceland amounted to $X in 2018, surging by X% against the previous year. Over the period under review, air conditioning machine consumption continues to indicate measured growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, the air conditioning machine market reached its peak level and is likely to continue its growth in the immediate term.

Air Conditioning Machine Production in Iceland

In value terms, air conditioning machine production totaled $X in 2018 estimated in export prices. Overall, air conditioning machine production continues to indicate a perceptible deduction. The growth pace was the most rapid in 2014 when production volume increased by X% y-o-y. Iceland air conditioning machine production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Air Conditioning Machine Exports

Exports from Iceland

In 2018, the amount of air conditioning machines exported from Iceland stood at X units, shrinking by -X% against the previous year. In general, air conditioning machine exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, air conditioning machine exports reached their peak of X units. From 2009 to 2018, the growth of air conditioning machine exports remained at a lower figure.

In value terms, air conditioning machine exports amounted to $X in 2018. Overall, air conditioning machine exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, air conditioning machine exports reached their peak figure at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X units) was the key exporter of air conditioning machines, comprising X% of total exports. Thailand (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Italy (X%). Malaysia (X units), Mexico (X units), South Korea (X units), Oman (X units), the U.S. (X units) and China, Hong Kong SAR (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Oman, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. South Korea, the U.S., Mexico, Italy, China, Hong Kong SAR, Oman and Iceland lagged somewhat behind, together comprising a further X, Hong Kong SAR experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The air conditioning machine export price in Iceland stood at $X per unit in 2018, shrinking by -X% against the previous year. In general, the air conditioning machine export price continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2009 when the export price increased by X% against the previous year. Iceland export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Iceland

In 2018, approx. X units of air conditioning machines were imported into Iceland; increasing by X% against the previous year. In general, air conditioning machine imports continue to indicate remarkable growth. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Iceland imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, air conditioning machine imports stood at $X in 2018. Overall, air conditioning machine imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Iceland imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X units), followed by Japan (X units) and Cambodia (X units) represented the largest importers of air conditioning machines, together comprising X% of total imports. Mexico (X units), Saudi Arabia (X units), India (X units), Vietnam (X units), the United Arab Emirates (X units), Spain (X units), Russia (X units), France (X units) and China, Hong Kong SAR (X units) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Saudi Arabia ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. Vietnam, France, India, Mexico, Spain, Russia, China, Hong Kong SAR, the United Arab Emirates, Cambodia and Iceland lagged somewhat behind, together accounting for a further X the main importing countries, Cambodia recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the air conditioning machine import price in Iceland amounted to $X per unit, dropping by -X% against the previous year. In general, the air conditioning machine import price, however, continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2011 when the import price increased by X% against the previous year. In that year, the import prices for air conditioning machines reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the import prices for air conditioning machines failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform