Iceland: Helicopter Market Overview 2020

Helicopter Market Size in Iceland

The revenue of the helicopter market in Iceland amounted to $X in 2018, rising 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, helicopter consumption continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. In that year, the helicopter market reached its peak level of $X. From 2015 to 2018, the growth of the helicopter market remained at a somewhat lower figure.

Helicopter Exports

Exports by Country

China prevails in helicopter exports structure, resulting at X units, which was near X% of total exports in 2018. It was distantly followed by Germany (X units), committing a X% share of total exports. Madagascar (X units) and France (X units) took a relatively small share of total exports.

China was also the fastest-growing in terms of the helicopters exports, with a CAGR of +X% from 2007 to 2018. At the same time, Madagascar (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. While the share of China (+X p.p.), Germany (+X p.p.), Madagascar (+X p.p.) and France (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and China ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Among the main exporting countries, France experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

The helicopter export price in Iceland stood at $X per unit in 2018, waning by -X% against the previous year. Overall, the helicopter export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for helicopters reached their maximum at $X per unit in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced a decline in the export price figures.

Helicopter Imports

Imports into Iceland

In 2018, approx. X units of helicopters were imported into Iceland; surging by X% against the previous year. In general, helicopter imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Iceland imports peaked at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, helicopter imports amounted to $X in 2018. Overall, helicopter imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Iceland imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Australia represented the main importer of helicopters in the world, with the volume of imports amounting to X units, which was approx. X% of total imports in 2018. The U.S. (X units) held the second position in the ranking, distantly followed by the Netherlands (X units) and Peru (X units). All these countries together occupied approx. X% share of total imports. The UK (X units), Germany (X units) and South Africa (X units) held a little 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 the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at -X%. In the other countries, the average annual rates were as follows: Australia (-X% per year) and the UK (-X% per year).

Import Prices by Country

In 2018, the helicopter import price in Iceland amounted to $X per unit, coming down by -X% against the previous year. In general, the helicopter import price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. In that year, the import prices for helicopters attained their peak level of $X per unit. From 2017 to 2018, the growth in terms of the import prices for helicopters remained at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform