Iceland: Pump For Liquid Market 2020

Pump For Liquid Market Size in Iceland

The revenue of the pump for liquid market in Iceland amounted to $X in 2018, dropping 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). In general, pump for liquid consumption, however, continues to indicate buoyant growth. 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 pump for liquid market attained its peak level of $X. From 2015 to 2018, the growth of the pump for liquid market remained at a lower figure.

Pump For Liquid Exports

Exports from Iceland

In 2018, the amount of pumps for liquids and liquid elevators exported from Iceland totaled X units, surging by X% against the previous year. In general, pump for liquid exports, however, continue to indicate a drastic setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, pump for liquid exports reached their maximum at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, pump for liquid exports amounted to $X in 2018. In general, pump for liquid exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Iceland exports peaked at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China represented the main exporter of pumps for liquids and liquid elevators in the world, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. It was distantly followed by Mexico (X units) and Germany (X units), together generating a X% share of total exports. The following exporters - Italy (X units), South Korea (X units), the UK (X units) and the Czech Republic (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the pumps for liquids and liquid elevators exports, with a CAGR of +X% from 2007 to 2018. At the same time, South Korea (+X%), the Czech Republic (+X%), the UK (+X%), Mexico (+X%), Italy (+X%) and Germany (+X%) displayed positive paces of growth. While the share of China (+X p.p.) and Mexico (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pump for liquid markets from Iceland were Germany ($X), China ($X) and Italy ($X), with a combined X% share of total exports.

China experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the pump for liquid export price in Iceland amounted to $X per unit, picking up by X% against the previous year. In general, the pump for liquid export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, the export prices for pumps for liquids and liquid elevators reached their peak figure at $X per unit in 2010; however, from 2011 to 2018, export prices remained at a lower figure.

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

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

Pump For Liquid Imports

Imports into Iceland

Pump for liquid imports into Iceland totaled X units in 2018, coming down by -X% against the previous year. In general, pump for liquid imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. In that year, pump for liquid imports attained their peak of X units. From 2015 to 2018, the growth of pump for liquid imports failed to regain its momentum.

In value terms, pump for liquid imports totaled $X in 2018. Overall, pump for liquid imports, however, continue to indicate a moderate shrinkage. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Iceland imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. was the major importing country with an import of about X units, which reached X% of total imports. Germany (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%). Canada (X units), Russia (X units), Hungary (X units), Mexico (X units), Italy (X units), Poland (X units), the Czech Republic (X units) and Greece (X units) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Hungary (+X%), Greece (+X%), Russia (+X%), Germany (+X%), the Czech Republic (+X%), the UK (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Poland experienced a relatively flat trend pattern. By contrast, Mexico (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Germany (+X p.p.), the UK (+X p.p.), Hungary (+X p.p.), Russia (+X p.p.) and Italy (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pumps for liquids and liquid elevators into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Canada (+X% per year).

Import Prices by Country

The pump for liquid import price in Iceland stood at $X per unit in 2018, falling by -X% against the previous year. Overall, the pump for liquid import price continues to indicate a drastic shrinkage. The growth pace was the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the import prices for pumps for liquids and liquid elevators attained their peak figure at $X per unit in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform