Iceland: Integrated Circuit Market 2020

Integrated Circuit Market Size in Iceland

The revenue of the integrated circuit market in Iceland amounted to $X in 2018, jumping by X% against the previous year. Overall, integrated circuit consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Iceland integrated circuit consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Integrated Circuit Production in Iceland

In value terms, integrated circuit production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a mild expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, integrated circuit production reached its peak figure level at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Integrated Circuit Exports

Exports from Iceland

In 2018, the exports of electronic integrated circuits and microassemblies from Iceland amounted to X units, jumping by X% against the previous year. Overall, integrated circuit exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, integrated circuit exports attained their peak figure at X units in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, integrated circuit exports totaled $X in 2018. In general, integrated circuit exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. In that year, integrated circuit exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Singapore (X units), China, Hong Kong SAR (X units), China (X units) and Taiwan, Chinese (X units) represented roughly X% of total exports of electronic integrated circuits and microassemblies in 2018. Japan (X units), Malaysia (X units), Thailand (X units), the Philippines (X units), South Korea (X units) and Germany (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 China, while the other leaders experienced more modest paces of growth.

In value terms, the largest integrated circuit markets from Iceland were Taiwan, Chinese ($X), China, Hong Kong SAR ($X) and China ($X), together comprising X% of total exports.

Among the main exporting countries, China recorded 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 integrated circuit export price in Iceland stood at $X per unit in 2018, surging by X% against the previous year. Over the period under review, the integrated circuit export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. In that year, the export prices for electronic integrated circuits and microassemblies attained their peak level and is likely to continue its growth in the immediate term.

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

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

Integrated Circuit Imports

Imports into Iceland

In 2018, the amount of electronic integrated circuits and microassemblies imported into Iceland amounted to X units, waning by -X% against the previous year. Overall, integrated circuit imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. In that year, integrated circuit imports reached their peak of X units. From 2010 to 2018, the growth of integrated circuit imports remained at a somewhat lower figure.

In value terms, integrated circuit imports amounted to $X in 2018. Overall, integrated circuit imports continue to indicate a mild expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, integrated circuit imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

China (X units) and China, Hong Kong SAR (X units) represented roughly X% of total imports of electronic integrated circuits and microassemblies in 2018. Singapore (X units) ranks next in terms of the total imports with a X% share, followed by Taiwan, Chinese (X%) and South Korea (X%). The following importers - Malaysia (X units), the U.S. (X units), the Philippines (X units), Thailand (X units) and Japan (X units) - together made up X% 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 China, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and Singapore ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports.

China, Hong Kong SAR experienced the highest rates of growth with regard to imports, in terms of 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 integrated circuit import price in Iceland stood at $X per unit in 2018, jumping by X% against the previous year. Over the period under review, the integrated circuit import price continues to indicate moderate growth. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. Iceland import price peaked at $X per unit in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

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

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

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Source: IndexBox Platform