Iceland: Television Receiver Market 2020

Television Receiver Market Size in Iceland

The revenue of the television receiver market in Iceland amounted to $X in 2018, surging 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, television receiver consumption continues to indicate notable growth. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the television receiver market reached its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Television Receiver Exports

Exports from Iceland

In 2018, the exports of television receivers from Iceland amounted to X units, stabilizing at the previous year. Overall, television receiver exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Iceland exports peaked at X units in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, television receiver exports stood at $X in 2018. Overall, television receiver exports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, television receiver exports reached their maximum at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in television receiver exports structure, finishing at X units, which was near X% of total exports in 2018. It was distantly followed by Mexico (X units), constituting an X% share of total exports. Poland (X units), the U.S. (X units), Slovakia (X units), Thailand (X units), Mauritius (X units), Indonesia (X units), Vietnam (X units), Hungary (X units) and South Korea (X units) occupied a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to television receiver exports from China stood at +X%. At the same time, Mauritius (+X%), Vietnam (+X%), the U.S. (+X%), Indonesia (+X%), Poland (+X%), Thailand (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, South Korea (-X%), Hungary (-X%) and Slovakia (-X%) illustrated a downward trend over the same period. China (+X p.p.), the U.S. (+X p.p.), Mexico (+X p.p.), Mauritius (+X p.p.), Poland (+X p.p.) and Vietnam (+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, China ($X), Mexico ($X) and Slovakia ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Poland, the U.S., Hungary, Vietnam, South Korea, Indonesia, Thailand, Mauritius and Iceland lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of 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

The television receiver export price in Iceland stood at $X per unit in 2018, lowering by -X% against the previous year. In general, the television receiver export price continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the export prices for television receivers reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the export prices for television receivers failed to regain its momentum.

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

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

Television Receiver Imports

Imports into Iceland

In 2018, the television receiver imports into Iceland amounted to X units, increasing by X% against the previous year. Over the period under review, television receiver imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, television receiver imports reached their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, television receiver imports stood at $X in 2018. Overall, television receiver imports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Iceland imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X units) represented the largest importer of television receivers, generating X% of total imports. India (X units) occupied the second position in the ranking, followed by Germany (X units) and Mexico (X units). All these countries together took near X% share of total imports. The following importers - the UK (X units), France (X units), the Netherlands (X units), China, Hong Kong SAR (X units), Italy (X units), Japan (X units), Spain (X units) and the United Arab Emirates (X units) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of television receivers imports. At the same time, India (+X%), Mexico (+X%), Japan (+X%), China, Hong Kong SAR (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France, Germany, Italy and the United Arab Emirates experienced a relatively flat trend pattern. By contrast, Spain (-X%) and the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of India and Mexico increased by +X% and +X% percentage points, while the UK (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., television receiver imports contracted by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (-X% per year) and the UK (-X% per year).

Import Prices by Country

The television receiver import price in Iceland stood at $X per unit in 2018, going down by -X% against the previous year. Overall, the television receiver import price continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, the import prices for television receivers attained their maximum at $X per unit in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while China, Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform