Iceland: Market for Machine-Tools For Working Wood 2019

Market Size for Machine-Tools For Working Wood in Iceland

The revenue of the machine-tool for working wood market in Iceland amounted to $X in 2018, going down 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, machine-tool for working wood consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the machine-tool for working wood market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Exports of Machine-Tools For Working Wood

Exports from Iceland

In 2018, the amount of machine-tools for working wood exported from Iceland totaled X units, rising by X% against the previous year. Overall, machine-tool for working wood exports continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, machine-tool for working wood exports reached their peak of X units. From 2011 to 2018, the growth of machine-tool for working wood exports remained at a somewhat lower figure.

In value terms, machine-tool for working wood exports totaled $X in 2018. Over the period under review, machine-tool for working wood exports continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, machine-tool for working wood exports reached their peak figure at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

China prevails in machine-tool for working wood exports structure, amounting to X units, which was near X% of total exports in 2018. Taiwan, Chinese (X units) held an X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%). Italy (X units), Belgium (X units), Slovakia (X units), Australia (X units) and Mexico (X units) took a relatively small share of total exports.

China experienced a relatively flat trend pattern of machine-tools for working wood exports. At the same time, Slovakia (+X%), Australia (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%), Italy (-X%), Mexico (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of Slovakia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Mexico (-X p.p.), Italy (-X p.p.), Germany (-X p.p.) and Taiwan, Chinese (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine-tool for working wood markets from Iceland were Germany ($X), Italy ($X) and China ($X), together accounting for X% of total exports. Taiwan, Chinese, Belgium, Mexico, Slovakia, Australia and Iceland lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Slovakia experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2018, the machine-tool for working wood export price in Iceland amounted to $X per unit, going down by -X% against the previous year. Overall, the machine-tool for working wood export price continues to indicate a deep drop. The growth pace was the most rapid in 2012 an increase of X% year-to-year. In that year, the export prices for machine-tools for working wood reached their peak level of $X per unit. From 2013 to 2018, the growth in terms of the export prices for machine-tools for working wood remained at a somewhat lower figure.

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

Imports of Machine-Tools For Working Wood

Imports into Iceland

In 2018, the amount of machine-tools for working wood imported into Iceland totaled X units, dropping by -X% against the previous year. Overall, machine-tool for working wood imports continue to indicate a slight deduction. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, machine-tool for working wood imports attained their peak figure at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, machine-tool for working wood imports stood at $X in 2018. In general, machine-tool for working wood imports continue to indicate a deep slump. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, machine-tool for working wood 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, the UK (X units), Germany (X units) and Poland (X units) were the largest importers of machine-tools for working wood in the world, constituting X% of total import. China (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by France (X%), Egypt (X%) and Spain (X%). Canada (X units), the Netherlands (X units), Russia (X units), Turkey (X units) and Austria (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 Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for working wood importing markets into Iceland were China ($X), Germany ($X) and Russia ($X), together accounting for X% of total imports. France, Poland, the UK, Canada, Austria, Spain, the Netherlands, Turkey, Egypt and Iceland lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to 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 machine-tool for working wood import price in Iceland amounted to $X per unit, going down by -X% against the previous year. Over the period under review, the machine-tool for working wood import price continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2016 when the import price increased by X% y-o-y. Over the period under review, the import prices for machine-tools for working wood reached their maximum at $X per unit in 2008; however, from 2009 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 Russia ($X per unit), while Egypt ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform