Iceland: Market for Woven Pile Fabrics And Chenille Fabrics 2019

Market Size for Woven Pile Fabrics And Chenille Fabrics in Iceland

The revenue of the pile and chenille fabric 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). Overall, pile and chenille fabric consumption continues to indicate a drastic slump. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Iceland pile and chenille fabric consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Iceland

In 2018, the pile and chenille fabric exports from Iceland amounted to X kg, declining by -X% against the previous year. Overall, pile and chenille fabric exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, pile and chenille fabric exports attained their peak figure at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, pile and chenille fabric exports stood at $X in 2018. In general, pile and chenille fabric exports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2017 when exports decreased by -X% year-to-year. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in pile and chenille fabric exports structure, finishing at X tons, which was approx. X% of total exports in 2018. Turkey (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%). Belgium (X tons), Spain (X tons), the UK (X tons), South Korea (X tons), Portugal (X tons) and Italy (X tons) occupied a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to pile and chenille fabric exports from China stood at +X%. At the same time, the UK (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Turkey (-X%), Italy (-X%) and Portugal (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Italy (-X p.p.), Portugal (-X p.p.), Belgium (-X p.p.) and Turkey (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, pile and chenille fabric exports contracted by 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: Turkey (-X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2018, the pile and chenille fabric export price in Iceland amounted to $X per ton, surging by X% against the previous year. Over the period under review, the pile and chenille fabric export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. In that year, the export prices for woven pile fabrics and chenille fabrics reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for woven pile fabrics and chenille fabrics remained at a somewhat lower figure.

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

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

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Iceland

In 2018, the pile and chenille fabric imports into Iceland amounted to X tons, falling by -X% against the previous year. In general, pile and chenille fabric imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, pile and chenille fabric imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, pile and chenille fabric imports stood at $X in 2018. Over the period under review, pile and chenille fabric imports continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the United Arab Emirates (X tons), the U.S. (X tons), the UK (X tons), Iran (X tons), Poland (X tons), Russia (X tons), the Czech Republic (X tons), Bangladesh (X tons), Saudi Arabia (X tons), Germany (X tons), China, Hong Kong SAR (X tons) and Morocco (X tons) were the main importers of woven pile fabrics and chenille fabrics in the world, generating X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran, while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), the UK ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Poland, the Czech Republic, Germany, Bangladesh, Iran, Saudi Arabia, Russia, China, Hong Kong SAR, Morocco and Iceland, which together accounted for a further X Czech Republic experienced the highest rates of growth with regard to imports, among 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 pile and chenille fabric import price in Iceland amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the pile and chenille fabric import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. In that year, the import prices for woven pile fabrics and chenille fabrics reached their peak level and is likely to continue its 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 Germany ($X per ton), while Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform