Iceland: Market for Air Or Vacuum Pumps And Air Or Other Gas Compressors 2019

Market Size for Air Or Vacuum Pumps And Air Or Other Gas Compressors in Iceland

The revenue of the market for air or vacuum pumps and air or other gas compressors in Iceland amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption of air or vacuum pumps and air or other gas compressors continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Iceland consumption of air or vacuum pumps and air or other gas compressors peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Exports of Air Or Vacuum Pumps And Air Or Other Gas Compressors

Exports from Iceland

In 2018, the exports of air or vacuum pumps and air or other gas compressors from Iceland stood at X units, picking up by X% against the previous year. In general, exports of air or vacuum pumps and air or other gas compressors, however, continue to indicate a deep decline. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Iceland exports peaked at X units in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, exports of air or vacuum pumps and air or other gas compressors amounted to $X in 2018. In general, exports of air or vacuum pumps and air or other gas compressors, however, continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in exports of air or vacuum pumps and air or other gas compressors structure, reaching X units, which was approx. X% of total exports in 2018. Germany (X units) ranks second in terms of the total exports with a X% share, followed by Taiwan, Chinese (X%). South Korea (X units), the U.S. (X units), Mexico (X units), Thailand (X units), Italy (X units), France (X units), Japan (X units), Slovakia (X units) and Singapore (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to air pump and gas compressor exports from China stood at +X%. At the same time, Mexico (+X%), Slovakia (+X%), South Korea (+X%), the U.S. (+X%), France (+X%), Germany (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Singapore and Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Italy (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports. Japan, Italy, Mexico, South Korea, France, Thailand, Slovakia, Singapore, Taiwan, Chinese and Iceland lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Slovakia experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price for air or vacuum pumps and air or other gas compressors in Iceland stood at $X per unit in 2018, coming down by -X% against the previous year. In general, the export price for air or vacuum pumps and air or other gas compressors, however, continues to indicate a moderate increase. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. Over the period under review, the export prices for air or vacuum pumps and air or other gas compressors reached their peak figure at $X per unit in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

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

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

Imports of Air Or Vacuum Pumps And Air Or Other Gas Compressors

Imports into Iceland

In 2018, approx. X units of air or vacuum pumps and air or other gas compressors were imported into Iceland; dropping by -X% against the previous year. Over the period under review, imports of air or vacuum pumps and air or other gas compressors continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports of air or vacuum pumps and air or other gas compressors reached their peak figure at X units in 2017, and then declined slightly in the following year.

In value terms, imports of air or vacuum pumps and air or other gas compressors stood at $X in 2018. In general, imports of air or vacuum pumps and air or other gas compressors continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, imports of air or vacuum pumps and air or other gas compressors attained their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units), China (X units) and Mexico (X units) represented the largest importers of air or vacuum pumps and air or other gas compressors, together constituting X% of total imports. India (X units), France (X units), Turkey (X units), Indonesia (X units), Russia (X units), Thailand (X units), the UK (X units) and Italy (X units) occupied a relatively small share of total imports.

From 2007 to 2018, average annual rates of growth with regard to air pump and gas compressor imports into the U.S. stood at +X%. At the same time, India (+X%), Indonesia (+X%), Turkey (+X%), China (+X%), Russia (+X%), Mexico (+X%), France (+X%), Germany (+X%), the UK (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S., India, China and Indonesia increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest air pump and gas compressor importing markets into Iceland were the U.S. ($X), Germany ($X) and China ($X), together comprising X% of total imports. Mexico, France, the UK, Italy, Thailand, India, Russia, Turkey, Indonesia and Iceland lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the import price for air or vacuum pumps and air or other gas compressors in Iceland amounted to $X per unit, growing by X% against the previous year. Overall, the import price for air or vacuum pumps and air or other gas compressors, however, continues to indicate an abrupt decline. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. Iceland import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform