Iceland: Radio Receiver Market 2020

Radio Receiver Market Size in Iceland

The revenue of the radio receiver market in Iceland amounted to $X in 2018, shrinking 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, radio receiver consumption continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Iceland radio receiver consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Radio Receiver Exports

Exports from Iceland

Radio receiver exports from Iceland amounted to X units in 2018, increasing by X% against the previous year. Overall, radio receiver exports, however, continue to indicate a drastic decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. In that year, radio receiver exports attained their peak of X units. From 2017 to 2018, the growth of radio receiver exports remained at a somewhat lower figure.

In value terms, radio receiver exports stood at $X in 2018. In general, radio receiver exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Iceland exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

China dominates radio receiver exports structure, recording X units, which was approx. X% of total exports in 2018. The following exporters - Malaysia (X units), Thailand (X units), Mexico (X units), China, Hong Kong SAR (X units), Portugal (X units), the U.S. (X units), South Korea (X units) and Germany (X units) - together made up X% of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Mexico (-X%), Portugal (-X%), the U.S. (-X%), Malaysia (-X%), Thailand (-X%), Germany (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Portugal, the U.S., Mexico, Germany, Malaysia, Thailand, China, Hong Kong SAR and China decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest radio receiver supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

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

Export Prices by Country

The radio receiver export price in Iceland stood at $X per unit in 2018, picking up by X% against the previous year. In general, the radio receiver export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. Over the period under review, the export prices for radio receivers attained their peak figure at $X per unit in 2015; however, from 2016 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 U.S. ($X per unit), while China ($X per unit) was amongst the lowest.

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

Radio Receiver Imports

Imports into Iceland

In 2018, the imports of radio receivers into Iceland totaled X units, lowering by -X% against the previous year. Overall, radio receiver imports continue to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Iceland imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, radio receiver imports totaled $X in 2018. Overall, radio receiver imports continue to indicate a deep slump. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X units), followed by Mexico (X units), China, Hong Kong SAR (X units) and Germany (X units) were the largest importers of radio receivers, together mixing up X% of total imports. The following importers - Japan (X units), Brazil (X units), the UK (X units), France (X units), the Netherlands (X units), Russia (X units), Argentina (X units) and Nigeria (X units) - together made up X% 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 Mexico, while the other leaders experienced a decline in the imports figures.

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

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Japan (-X% per year).

Import Prices by Country

The radio receiver import price in Iceland stood at $X per unit in 2018, waning by -X% against the previous year. Over the period under review, the radio receiver import price continues to indicate a deep deduction. The growth pace was the most rapid in 2017 when the import price increased by X% year-to-year. Iceland import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

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. ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform