Iceland: Iron Angle Market 2020

Iron Angle Market Size in Iceland

The revenue of the iron angle market in Iceland amounted to $X in 2018, growing 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, iron angle consumption continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the iron angle market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Iron Angle Exports

Exports from Iceland

In 2018, the amount of angles, shapes and sections (of iron or non-alloy steel) exported from Iceland totaled X tons, lowering by -X% against the previous year. Over the period under review, iron angle exports continue to indicate an abrupt drop. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, iron angle exports reached their peak figure at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, iron angle exports amounted to $X in 2018. Over the period under review, iron angle exports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, iron angle exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Spain (X tons), Turkey (X tons), Germany (X tons), Luxembourg (X tons), South Korea (X tons), China (X tons), Italy (X tons), Poland (X tons), Japan (X tons), the U.S. (X tons), Ukraine (X tons) and Russia (X tons) represented the key exporters of angles, shapes and sections (of iron or non-alloy steel) in the world, mixing up X% 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 Spain, while the other leaders experienced mixed trends in the exports figures.

In value terms, Spain ($X), Germany ($X) and Turkey ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

In terms of the main exporting countries, Turkey experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2018, the iron angle export price in Iceland amounted to $X per ton, remaining stable against the previous year. Overall, the iron angle export price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Iceland export price peaked at $X per ton in 2011; however, from 2012 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 the U.S. ($X per ton), while South Korea ($X per ton) 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.

Iron Angle Imports

Imports into Iceland

Iron angle imports into Iceland stood at X tons in 2018, going down by -X% against the previous year. Overall, iron angle imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, iron angle imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, iron angle imports amounted to $X in 2018. Overall, iron angle imports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, iron angle imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tons), South Korea (X tons), the U.S. (X tons), Canada (X tons), the UK (X tons), France (X tons), the Netherlands (X tons), Malaysia (X tons), Russia (X tons), Poland (X tons), Belgium (X tons) and Turkey (X tons) were the key importers of angles, shapes and sections (of iron or non-alloy steel) in the world, mixing up 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 Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Canada ($X) and France ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. South Korea, the U.S., the Netherlands, the UK, Malaysia, Russia, Poland, Belgium, Turkey and Iceland lagged somewhat behind, together accounting for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The iron angle import price in Iceland stood at $X per ton in 2018, rising by X% against the previous year. Overall, the iron angle import price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2018 an increase of X% y-o-y. Iceland import price peaked at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Canada ($X per ton) and the Netherlands ($X per ton), while South Korea ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform