Iceland: Safety Glass Market 2020

Safety Glass Market Size in Iceland

The revenue of the safety glass market in Iceland amounted to $X in 2018, approximately reflecting the previous year. In general, safety glass consumption, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. In that year, the safety glass market reached its peak level of $X. From 2016 to 2018, the growth of the safety glass market remained at a somewhat lower figure.

Safety Glass Production in Iceland

In value terms, safety glass production amounted to $X in 2018 estimated in export prices. In general, safety glass production continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, safety glass production reached its peak figure level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Safety Glass Exports

Exports from Iceland

In 2017, the amount of safety glass exported from Iceland totaled X kg, therefore, remained relatively stable against the previous year. Over the period under review, safety glass exports continue to indicate a prominent increase. Over the period under review, safety glass exports attained their peak figure in 2017 and are likely to see steady growth in the immediate term.

In value terms, safety glass exports stood at $X in 2017. Overall, safety glass exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, safety glass exports attained their maximum at $X in 2009; however, from 2010 to 2017, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Estonia (X tons) represented the largest exporter of safety glass, generating X% of total exports. Romania (X tons) ranks second in terms of the total exports with a X% share, followed by Mexico (X%) and Egypt (X%). The following exporters - Indonesia (X tons), Finland (X tons), Morocco (X tons), Japan (X tons), South Africa (X tons), Malaysia (X tons), Bulgaria (X tons) and Peru (X tons) - together made up X% of total exports.

Exports from Estonia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Indonesia (+X%), South Africa (+X%), Morocco (+X%), Mexico (+X%), Malaysia (+X%), Bulgaria (+X%), Japan (+X%), Peru (+X%), Romania (+X%), Finland (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Estonia (+X p.p.), Romania (+X p.p.), Mexico (+X p.p.), Egypt (+X p.p.), Indonesia (+X p.p.), Finland (+X p.p.), Morocco (+X p.p.), Japan (+X p.p.), South Africa (+X p.p.), Malaysia (+X p.p.), Bulgaria (+X p.p.) and Peru (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest safety glass markets from Iceland were Mexico ($X), Japan ($X) and Finland ($X), together accounting for X% of total exports. These countries were followed by Malaysia, Romania, Estonia, Bulgaria, South Africa, Peru, Indonesia, Egypt, Morocco and Iceland, which together accounted for a further X the main exporting countries, Bulgaria experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The safety glass export price in Iceland stood at $X per kg in 2018, lowering by -X% against the previous year. In general, the safety glass export price continues to indicate a precipitous shrinkage. Over the period under review, the export prices for safety glass attained their peak figure at $X per kg in 2009; however, from 2010 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 Japan ($X per kg), while Estonia ($X per kg) was amongst the lowest.

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

Safety Glass Imports

Imports into Iceland

Safety glass imports into Iceland stood at X tons in 2018, increasing by X% against the previous year. Over the period under review, safety glass imports continue to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. In that year, safety glass imports attained their peak of X tons. From 2016 to 2018, the growth of safety glass imports failed to regain its momentum.

In value terms, safety glass imports amounted to $X in 2018. Overall, safety glass imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. In that year, safety glass imports attained their peak of $X, and then declined slightly in the following year.

Imports by Country

In 2018, Canada (X tons) was the main importer of safety glass, making up X% of total imports. Belgium (X tons) took the second position in the ranking, distantly followed by Pakistan (X tons). All these countries together held approx. X% share of total imports. Italy (X tons), Algeria (X tons), Portugal (X tons), Spain (X tons) and Slovakia (X tons) held a minor share of total imports.

Canada was also the fastest-growing in terms of the safety glass imports, with a CAGR of +X% from 2007 to 2018. At the same time, Pakistan (+X%), Slovakia (+X%), Algeria (+X%), Portugal (+X%), Italy (+X%), Belgium (+X%) and Spain (+X%) displayed positive paces of growth. While the share of Canada (+X p.p.), Belgium (+X p.p.), Pakistan (+X p.p.), Italy (+X p.p.), Algeria (+X p.p.), Portugal (+X p.p.) and Slovakia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), Canada ($X) and Slovakia ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

Slovakia recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the safety glass import price in Iceland amounted to $X per kg, reducing by -X% against the previous year. Overall, the safety glass import price continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Iceland import price peaked at $X per kg in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per kg), while Pakistan ($X per kg) was amongst the lowest.

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

Source: IndexBox Platform