Iceland: Fire Protection Market 2020

Fire Protection Market Size in Iceland

The revenue of the fire protection market in Iceland amounted to $X in 2018, going up 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, fire protection consumption, however, continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, the fire protection market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Fire Protection Exports

Exports from Iceland

In 2018, the exports of electric burglar or fire alarms and similar apparatus from Iceland amounted to X units, going down by -X% against the previous year. Over the period under review, fire protection exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Iceland exports peaked at X units in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, fire protection exports stood at $X in 2018. In general, fire protection exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, fire protection exports reached their peak of $X. From 2011 to 2018, the growth of fire protection exports failed to regain its momentum.

Exports by Country

China represented the key exporter of electric burglar or fire alarms and similar apparatus in the world, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. Italy (X units) took the second position in the ranking, followed by Spain (X units). All these countries together held approx. X% share of total exports. The following exporters - the UK (X units), Chile (X units), China, Hong Kong SAR (X units), Mexico (X units), India (X units), Germany (X units) and Taiwan, Chinese (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Chile (+X%), Spain (+X%), India (+X%), Italy (+X%), Mexico (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%), Taiwan, Chinese (-X%) and Germany (-X%) illustrated a downward trend over the same period. China (+X p.p.), Spain (+X p.p.), Italy (+X p.p.), Chile (+X p.p.), India (+X p.p.) and Mexico (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fire protection supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, fire protection exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the fire protection export price in Iceland amounted to $X per unit, going down by -X% against the previous year. Overall, the fire protection export price continues to indicate a sharp decline. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, the export prices for electric burglar or fire alarms and similar apparatus reached their maximum at $X per unit in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Chile ($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, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Fire Protection Imports

Imports into Iceland

In 2018, approx. X units of electric burglar or fire alarms and similar apparatus were imported into Iceland; standing approx. at the previous year. Over the period under review, fire protection imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, fire protection imports reached their maximum at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, fire protection imports stood at $X in 2018. Overall, fire protection imports continue to indicate a temperate shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Italy was the key importer of electric burglar or fire alarms and similar apparatus in the world, with the volume of imports reaching X units, which was approx. X% of total imports in 2018. The U.S. (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Chile (X%), Spain (X%), Germany (X%), the UK (X%) and China (X%). China, Hong Kong SAR (X units), the Netherlands (X units), Singapore (X units) and France (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to fire protection imports into Italy stood at +X%. At the same time, China (+X%), Chile (+X%), Singapore (+X%), Spain (+X%), the U.S. (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%), the UK (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of Italy (+X p.p.), Chile (+X p.p.), Spain (+X p.p.), China (+X p.p.), the U.S. (+X p.p.) and Germany (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.), France (-X p.p.) and the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by China, Hong Kong SAR, France, Spain, the Netherlands, Italy, Singapore, China, Chile and Iceland, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the fire protection import price in Iceland amounted to $X per unit, going up by X% against the previous year. Over the period under review, the fire protection import price, however, continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2011 when the import price increased by X% year-to-year. Iceland import price peaked at $X per unit in 2008; however, from 2009 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 France ($X per unit), while Chile ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform