Iceland: Umbrella Market 2020

Umbrella Market Size in Iceland

The revenue of the umbrella market in Iceland amounted to $X in 2018, waning 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, umbrella consumption continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Over the period under review, the umbrella market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Umbrella Exports

Exports from Iceland

In 2018, approx. X units of umbrellas were exported from Iceland; shrinking by -X% against the previous year. Overall, umbrella exports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Iceland exports peaked at X units in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, umbrella exports amounted to $X in 2018. In general, umbrella exports continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Iceland exports peaked at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

China dominates umbrella exports structure, resulting at X units, which was near X% of total exports in 2018. The following exporters - Cambodia (X units), Germany (X units) and the Netherlands (X units) - each reached a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to umbrella exports from China stood at +X%. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. China (+X p.p.) and Cambodia (+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 ($X) remains the largest umbrella supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, umbrella exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the umbrella export price in Iceland amounted to $X per unit, surging by X% against the previous year. Overall, the umbrella export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. Iceland export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per unit), while Cambodia ($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.

Umbrella Imports

Imports into Iceland

In 2018, the amount of umbrellas imported into Iceland stood at X units, coming down by -X% against the previous year. In general, umbrella imports continue to indicate a drastic setback. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, umbrella imports attained their peak figure at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, umbrella imports amounted to $X in 2018. In general, umbrella imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, umbrella imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units) and the U.S. (X units) represented the major importers of umbrellas in 2018, reaching near X% and X% of total imports, respectively. Brazil (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by the Philippines (X%) and Germany (X%). The following importers - South Korea (X units), India (X units), Thailand (X units), France (X units), the UK (X units), Italy (X units) and the Netherlands (X units) - each finished at a X% 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 Japan, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Germany ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by France, the Philippines, South Korea, Brazil, the Netherlands, the UK, Italy, India, Thailand and Iceland, which together accounted for a further X the main importing countries, India recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The umbrella import price in Iceland stood at $X per unit in 2018, picking up by X% against the previous year. Over the period under review, the import price indicated a resilient increase 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, umbrella import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, the import prices for umbrellas attained their maximum in 2018 and is likely to see steady growth in the immediate term.

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

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

Source: IndexBox Platform