Iceland: Laser Market 2020

Laser Market Size in Iceland

The revenue of the laser market in Iceland amounted to $X in 2018, remaining constant against the previous year. In general, laser consumption, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. In that year, the laser market reached its peak level of $X. From 2015 to 2018, the growth of the laser market failed to regain its momentum.

Laser Production in Iceland

In value terms, laser production totaled $X in 2018 estimated in export prices. In general, laser production continues to indicate a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, laser production reached its peak level of $X. From 2014 to 2018, laser production growth failed to regain its momentum.

Laser Exports

Exports from Iceland

In 2018, the amount of lasers, other than laser diodes exported from Iceland totaled X units, rising by X% against the previous year. In general, laser exports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. In that year, laser exports reached their peak of X units. From 2014 to 2018, the growth of laser exports failed to regain its momentum.

In value terms, laser exports totaled $X in 2018. In general, laser exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, laser exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China, Hong Kong SAR (X units) and China (X units) represented roughly X% of total exports of lasers, other than laser diodes in 2018. Taiwan, Chinese (X units) held the next position in the ranking, followed by Japan (X units). All these countries together held near X% share of total exports.

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

In value terms, China, Hong Kong SAR ($X), China ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Taiwan, Chinese and Iceland, which together accounted for a further X the main exporting countries, Taiwan, Chinese experienced 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

The laser export price in Iceland stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the laser export price, however, continues to indicate a dramatic decline. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Over the period under review, the export prices for lasers, other than laser diodes attained their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per unit), while China ($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.

Laser Imports

Imports into Iceland

In 2018, the amount of lasers, other than laser diodes imported into Iceland stood at X units, increasing by X% against the previous year. In general, laser imports, however, continue to indicate a sharp drop. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. In that year, laser imports reached their peak of X units. From 2015 to 2018, the growth of laser imports remained at a lower figure.

In value terms, laser imports totaled $X in 2018. Over the period under review, laser imports, however, continue to indicate a temperate shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Iceland imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of laser imports in 2018 were China (X units), China, Hong Kong SAR (X units) and Vietnam (X units), together accounting for X% of total import. It was distantly followed by the U.S. (X units) and Luxembourg (X units), together constituting a X% share of total imports. The following importers - Argentina (X units) and Japan (X units) - together made up X% 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 Luxembourg (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported lasers, other than laser diodes into Iceland, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, laser imports expanded 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 U.S. (+X% per year) and Japan (+X% per year).

Import Prices by Country

The laser import price in Iceland stood at $X per unit in 2018, dropping by -X% against the previous year. In general, the laser import price, however, continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Iceland import price peaked at $X per unit in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform