Iceland: Market for Machine-Tools For Working Any Material By Removal Of Material 2019

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Iceland

The revenue of the machine-tool for removing material market in Iceland amounted to $X in 2018, jumping 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, machine-tool for removing material consumption continues to indicate a mild expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the machine-tool for removing material market attained its peak figure level at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Iceland

In 2018, the exports of machine-tools for working any material by removal of material from Iceland stood at X units, lowering by -X% against the previous year. Over the period under review, machine-tool for removing material exports continue to indicate a drastic decrease. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, machine-tool for removing material exports reached their peak figure at X units in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, machine-tool for removing material exports totaled $X in 2018. Over the period under review, machine-tool for removing material exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Iceland exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

In 2018, New Zealand (X units) and China (X units) represented the key exporters of machine-tools for working any material by removal of materialin the world, together comprising X% of total exports. The UK (X units) held the next position in the ranking, followed by the U.S. (X units) and South Africa (X units). All these countries together occupied approx. X% share of total exports. Japan (X units), South Korea (X units), Germany (X units), Mexico (X units), Italy (X units) and Israel (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by the U.S., Italy, South Korea, the UK, Mexico, New Zealand, Israel, Iceland and South Africa, which together accounted for a further X (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The machine-tool for removing material export price in Iceland stood at $X per unit in 2018, picking up by X% against the previous year. In general, the machine-tool for removing material export price continues to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2017 when the export price increased by X% year-to-year. Over the period under review, the export prices for machine-tools for working any material by removal of material attained their peak figure in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while South Africa ($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 more modest paces of growth.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Iceland

In 2018, the imports of machine-tools for working any material by removal of material into Iceland totaled X units, approximately reflecting the previous year. Overall, machine-tool for removing material imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. In that year, machine-tool for removing material imports reached their peak of X units. From 2017 to 2018, the growth of machine-tool for removing material imports failed to regain its momentum.

In value terms, machine-tool for removing material imports stood at $X in 2018. Overall, machine-tool for removing material imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Iceland imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Mexico (X units) was the major importer of machine-tools for working any material by removal of material, creating X% of total imports. The Philippines (X units) ranks second in terms of the total imports with a X% share, followed by the U.S. (X%) and Indonesia (X%). Canada (X units), Taiwan, Chinese (X units) and Thailand (X units) followed a long way behind the leaders.

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

In value terms, the U.S. ($X) constitutes the largest market for imported machine-tools for working any material by removal of material into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In the U.S., machine-tool for removing material 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: Mexico (+X% per year) and Taiwan, Chinese (-X% per year).

Import Prices by Country

In 2018, the machine-tool for removing material import price in Iceland amounted to $X per unit, picking up by X% against the previous year. In general, the machine-tool for removing material import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. In that year, the import prices for machine-tools for working any material by removal of material reached their peak level of $X per unit. From 2013 to 2018, the growth in terms of the import prices for machine-tools for working any material by removal of material failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan, Chinese ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform