Iceland: Threshing Machinery Market 2020

Threshing Machinery Market Size in Iceland

The revenue of the threshing machinery market in Iceland amounted to $X in 2018, remaining stable 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, threshing machinery consumption continues to indicate a relatively flat trend pattern. Iceland threshing machinery consumption peaked at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Threshing Machinery Exports

Exports by Country

Brazil represented the key exporter of threshing machinery except combine harvester-threshers in the world, with the volume of exports accounting for X units, which was near X% of total exports in 2018. China (X units) held the second position in the ranking, distantly followed by Italy (X units) and India (X units). All these countries together occupied near X% share of total exports. Turkey (X units), Belarus (X units) and Uganda (X units) 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 Uganda (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Italy ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Turkey, China, India and Uganda, which together accounted for a further X experienced 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

In 2018, the threshing machinery export price in Iceland amounted to $X per unit, approximately mirroring the previous year. In general, the threshing machinery export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Belarus ($X per unit), while Uganda ($X per unit) was amongst the lowest.

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

Threshing Machinery Imports

Imports by Country

Nepal was the major importer of threshing machinery except combine harvester-threshers in the world, with the volume of imports finishing at X units, which was near X% of total imports in 2018. Russia (X units) occupied an X% share (based on tons) of total imports, which put it in second place, followed by Panama (X%). The following importers - Ethiopia (X units), Djibouti (X units), Lao People's Democratic Republic (X units), Thailand (X units), Ukraine (X units) and Democratic People's Republic of Korea (X units) - together made up X% of total imports.

Imports into Nepal increased at an average annual rate of +X% from 2007 to 2018. At the same time, Panama (+X%), Ethiopia (+X%), Djibouti (+X%), Thailand (+X%), Russia (+X%), Lao People's Democratic Republic (+X%), Democratic People's Republic of Korea (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Nepal (+X p.p.), Russia (+X p.p.), Panama (+X p.p.), Ethiopia (+X p.p.), Djibouti (+X p.p.), Lao People's Democratic Republic (+X p.p.) and Thailand (+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 largest threshing machinery importing markets into Iceland were Ukraine ($X), Russia ($X) and Nepal ($X), together comprising X% of total imports.

Nepal experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The threshing machinery import price in Iceland stood at $X per unit in 2018, remaining constant against the previous year. Overall, the threshing machinery import price continues to indicate a relatively flat trend pattern. Iceland import price peaked at $X per unit in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform