Iceland: Amino-Resin Market 2020

Amino-Resin Market Size in Iceland

The revenue of the amino-resin market in Iceland amounted to $X in 2018, declining 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, amino-resin consumption continues to indicate a drastic curtailment. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Iceland amino-resin consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Amino-Resin Exports

Exports from Iceland

Amino-resin exports from Iceland stood at X kg in 2018, increasing by X% against the previous year. Overall, amino-resin exports, however, continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, amino-resin exports reached their peak of X tons. From 2014 to 2018, the growth of amino-resin exports remained at a somewhat lower figure.

In value terms, amino-resin exports stood at $X in 2018. Over the period under review, amino-resin exports, however, continue to indicate a deep descent. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. In that year, amino-resin exports reached their peak of $X. From 2014 to 2018, the growth of amino-resin exports remained at a somewhat lower figure.

Exports by Country

The exports of the twelve major exporters of amino-resins, phenolic resins and polyurethanes (in primary forms), namely China, Belgium, Germany, the U.S., Poland, the Netherlands, Japan, Italy, South Korea, Russia, Taiwan, Chinese and Spain, represented more than two-thirds of total export.

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

In value terms, Germany ($X), the U.S. ($X) and China ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports.

Among the main exporting countries, China recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the amino-resin export price in Iceland amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the amino-resin export price continues to indicate a deep decline. The most prominent rate of growth was recorded in 2011 when the export price increased by X% year-to-year. Iceland export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Amino-Resin Imports

Imports into Iceland

In 2018, approx. X tons of amino-resins, phenolic resins and polyurethanes (in primary forms) were imported into Iceland; going down by -X% against the previous year. Overall, amino-resin imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Iceland imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, amino-resin imports stood at $X in 2018. Over the period under review, amino-resin imports continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tons), France (X tons), China (X tons), Canada (X tons), Poland (X tons), the Netherlands (X tons), Italy (X tons), the U.S. (X tons), Spain (X tons), the UK (X tons), India (X tons) and Russia (X tons) were the major importers of amino-resins, phenolic resins and polyurethanes (in primary forms) in the world, committing X% of total import.

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

In value terms, China ($X), Germany ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by France, Italy, the Netherlands, Canada, India, Poland, Russia, the UK, Spain and Iceland, which together accounted for a further X recorded the highest growth rate of 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

The amino-resin import price in Iceland stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the amino-resin import price continues to indicate a moderate deduction. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Iceland import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform