Iceland: Radar Apparatus Market 2020

Radar Apparatus Market Size in Iceland

The revenue of the radar apparatus market in Iceland amounted to $X in 2018, coming 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, radar apparatus consumption continues to indicate a drastic decrease. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the radar apparatus market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Radar Apparatus Exports

Exports from Iceland

In 2018, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Iceland totaled X tons, surging by X% against the previous year. Overall, radar apparatus exports continue to indicate moderate growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Iceland exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, radar apparatus exports stood at $X in 2018. In general, radar apparatus exports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Iceland exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China (X tons), distantly followed by Germany (X tons), Mexico (X tons), Japan (X tons) and the U.S. (X tons) were the main exporters of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, together committing X% of total exports. Portugal (X tons), Hungary (X tons), France (X tons), South Korea (X tons), Taiwan, Chinese (X tons), the Czech Republic (X tons) and the Netherlands (X tons) 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 Portugal, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. Mexico, Japan, Taiwan, Chinese, Hungary, France, the Netherlands, South Korea, Portugal, the Czech Republic and Iceland lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to 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

In 2018, the radar apparatus export price in Iceland amounted to $X per ton, going up by X% against the previous year. Over the period under review, the export price indicated mild growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, radar apparatus export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the export price increased by X% y-o-y. Over the period under review, the export prices for radar apparatus, radio navigational aid apparatus and radio remote control apparatus attained their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat 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 U.S. ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Radar Apparatus Imports

Imports into Iceland

In 2018, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus imported into Iceland amounted to X tons, declining by -X% against the previous year. Over the period under review, radar apparatus imports continue to indicate a drastic slump. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Iceland imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, radar apparatus imports stood at $X in 2018. Overall, radar apparatus imports continue to indicate a deep drop. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Germany (X tons), Japan (X tons) and the UK (X tons) were the major importers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, together achieving X% of total imports. China (X tons), the Netherlands (X tons), France (X tons), Canada (X tons), Brazil (X tons), Spain (X tons), Belgium (X tons) and the Czech Republic (X tons) occupied a little share 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 the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In the U.S., radar apparatus imports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Japan (+X% per year).

Import Prices by Country

In 2018, the radar apparatus import price in Iceland amounted to $X per ton, dropping by -X% against the previous year. Overall, the radar apparatus import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. In that year, the import prices for radar apparatus, radio navigational aid apparatus and radio remote control apparatus attained their peak level of $X per ton. From 2017 to 2018, the growth in terms of the import prices for radar apparatus, radio navigational aid apparatus and radio remote control apparatus failed to regain its momentum.

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

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

Source: IndexBox Platform