Iceland: Market for Lathes For Removing Metal 2019

Market Size for Lathes For Removing Metal in Iceland

The revenue of the lathe for removing metal 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). Overall, lathe for removing metal consumption continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. In that year, the lathe for removing metal market reached its peak level of $X. From 2013 to 2018, the growth of the lathe for removing metal market remained at a lower figure.

Exports of Lathes For Removing Metal

Exports from Iceland

In 2018, the lathe for removing metal exports from Iceland totaled X units, remaining relatively unchanged against the previous year. Over the period under review, lathe for removing metal exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Over the period under review, lathe for removing metal exports attained their peak figure at X units in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports totaled $X in 2018. Over the period under review, lathe for removing metal exports continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Iceland exports peaked in 2018 and are likely to continue its growth in the near future.

Exports by Country

In 2018, New Zealand (X units), distantly followed by Taiwan, Chinese (X units), India (X units), China (X units), Japan (X units), Portugal (X units) and South Korea (X units) were the largest exporters of lathes for removing metal, together making up X% of total exports. The U.S. (X units), the UK (X units), Belgium (X units), Germany (X units) and Singapore (X units) occupied a minor share of total exports.

New Zealand was also the fastest-growing in terms of the lathes for removing metal exports, with a CAGR of +X% from 2007 to 2018. At the same time, Portugal (+X%) and Belgium (+X%) displayed positive paces of growth. By contrast, South Korea (-X%), India (-X%), the U.S. (-X%), Singapore (-X%), Germany (-X%), the UK (-X%), Taiwan, Chinese (-X%), China (-X%) and Japan (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), Portugal (+X p.p.) and Belgium (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S., India, Singapore, Germany, the UK, China, Taiwan, Chinese and Japan saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest lathe for removing metal markets from Iceland were Japan ($X), Germany ($X) and South Korea ($X), together comprising X% of total exports. Taiwan, Chinese, China, Belgium, the U.S., the UK, Singapore, India, Portugal, New Zealand and Iceland lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Iceland 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

The lathe for removing metal export price in Iceland stood at $X per unit in 2018, picking up by X% against the previous year. In general, the lathe for removing metal export price continues to indicate an outstanding expansion. The growth pace was the most rapid in 2014 an increase of X% y-o-y. Over the period under review, the export prices for lathes for removing metal reached their maximum in 2018 and is likely to see steady growth in the near future.

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

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

Imports of Lathes For Removing Metal

Imports into Iceland

In 2018, the amount of lathes for removing metal imported into Iceland stood at X units, growing by X% against the previous year. In general, lathe for removing metal imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. In that year, lathe for removing metal imports attained their peak of X units. From 2013 to 2018, the growth of lathe for removing metal imports remained at a somewhat lower figure.

In value terms, lathe for removing metal imports amounted to $X in 2018. In general, lathe for removing metal imports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Iceland imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia dominates lathe for removing metal imports structure, finishing at X units, which was approx. X% of total imports in 2018. It was distantly followed by the Philippines (X units), committing a X% share of total imports. The following importers - Uganda (X units) and Germany (X units) - each reached a X% share of total imports.

Imports into Saudi Arabia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Uganda (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Saudi Arabia, the Philippines and Uganda increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported lathes for removing metal into Iceland, comprising X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

In Germany, lathe for removing metal imports declined by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

In 2018, the lathe for removing metal import price in Iceland amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the lathe for removing metal import price continues to indicate a sharp deduction. The pace of growth appeared the most rapid in 2014 when the import price increased by X% year-to-year. Iceland import price peaked at $X per unit in 2010; however, from 2011 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox Platform