Iceland: Cutting Blade Market 2020

Cutting Blade Market Size in Iceland

The revenue of the cutting blade market in Iceland amounted to $X in 2018, growing 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, the total market indicated a significant increase from 2007 to 2018: its value decreased 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, cutting blade consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the cutting blade market reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Cutting Blade Exports

Exports from Iceland

In 2018, approx. X kg of knives and cutting blades (for machines or for mechanical appliances) were exported from Iceland; jumping by X% against the previous year. Over the period under review, cutting blade exports, however, continue to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Iceland exports peaked at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, cutting blade exports stood at $X in 2018. In general, cutting blade exports, however, continue to indicate a temperate shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, cutting blade exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the three major exporters of knives and cutting blades (for machines or for mechanical appliances), namely China, Germany and Austria, represented more than third of total export. The U.S. (X tons) ranks next in terms of the total exports with a X% share, followed by the Netherlands (X%). France (X tons), the Czech Republic (X tons), Taiwan, Chinese (X tons), Japan (X tons), Italy (X tons), the UK (X tons) and Slovenia (X tons) occupied a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and China ($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 Japan, Austria, France, the Netherlands, Italy, the Czech Republic, the UK, Taiwan, Chinese, Slovenia and Iceland, which together accounted for a further X terms of the main exporting countries, the Czech Republic experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The cutting blade export price in Iceland stood at $X per ton in 2018, surging by X% against the previous year. Overall, the cutting blade export price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. Iceland export price peaked in 2018 and is expected to retain its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while Austria ($X per ton) was amongst the lowest.

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

Cutting Blade Imports

Imports into Iceland

Cutting blade imports into Iceland stood at X tons in 2018, growing by X% against the previous year. Over the period under review, cutting blade imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, cutting blade imports reached their maximum at X tons in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, cutting blade imports amounted to $X in 2018. Over the period under review, the total imports indicated buoyant growth from 2007 to 2018: its value decreased 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, cutting blade imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, cutting blade imports reached their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

The U.S. (X tons) and Germany (X tons) were the key importers of knives and cutting blades (for machines or for mechanical appliances) in 2018, resulting at approx. X% and X% of total imports, respectively. It was followed by France (X tons), committing a X% share of total imports. The following importers - Russia (X tons), Malaysia (X tons), Japan (X tons), Italy (X tons), Indonesia (X tons), the Netherlands (X tons), Spain (X tons), China (X tons) and Thailand (X tons) - 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 Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. Japan, Russia, France, Italy, the Netherlands, Indonesia, Malaysia, Thailand, Spain and Iceland lagged somewhat behind, together comprising a further X terms of the main importing countries, Russia experienced 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 cutting blade import price in Iceland stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the import price indicated resilient growth 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, cutting blade import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, the import prices for knives and cutting blades (for machines or for mechanical appliances) reached their maximum in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform