Iceland: Machine-Tool For Drilling Market 2020

Machine-Tool For Drilling Market Size in Iceland

The revenue of the machine-tool for drilling market in Iceland amounted to $X in 2018, remaining stable 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, machine-tool for drilling consumption continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, the machine-tool for drilling market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Machine-Tool For Drilling Exports

Exports from Iceland

In 2018, the amount of machine-tools for drilling, boring or milling metal exported from Iceland amounted to X units, coming down by -X% against the previous year. In general, machine-tool for drilling exports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Iceland exports peaked at X units in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, machine-tool for drilling exports totaled $X in 2018. Over the period under review, machine-tool for drilling exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Iceland exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X units) and Bangladesh (X units) were the key exporters of machine-tools for drilling, boring or milling metalin the world, together constituting X% of total exports. Sierra Leone (X units) took the next position in the ranking, followed by the U.S. (X units) and the Netherlands (X units). All these countries together held approx. X% share of total exports. Germany (X units), Israel (X units), Sri Lanka (X units), Italy (X units), Austria (X units) and Taiwan, Chinese (X units) took a relatively small 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 Sierra Leone (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for drilling markets from Iceland were Germany ($X), Italy ($X) and China ($X), with a combined X% share of total exports. These countries were followed by Taiwan, Chinese, the U.S., Austria, the Netherlands, Israel, Sierra Leone, Bangladesh, Sri Lanka and Iceland, which together accounted for a further X the main exporting countries, Sierra Leone recorded 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

In 2018, the machine-tool for drilling export price in Iceland amounted to $X per unit, going down by -X% against the previous year. Overall, the machine-tool for drilling export price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Iceland export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

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

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

Machine-Tool For Drilling Imports

Imports into Iceland

In 2018, the imports of machine-tools for drilling, boring or milling metal into Iceland totaled X units, approximately equating the previous year. Over the period under review, machine-tool for drilling imports continue to indicate a noticeable drop. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Iceland imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, machine-tool for drilling imports totaled $X in 2018. In general, machine-tool for drilling imports continue to indicate a deep decrease. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, machine-tool for drilling imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

The UK was the largest importing country with an import of about X units, which reached X% of total imports. It was distantly followed by the U.S. (X units) and Greece (X units), together committing a X% share of total imports. The following importers - Germany (X units), Poland (X units), Zambia (X units), Maldives (X units), Austria (X units) and Canada (X units) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to machine-tool for drilling imports into the UK stood at +X%. At the same time, Maldives (+X%), Zambia (+X%), Greece (+X%), Austria (+X%), Poland (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the UK, the U.S., Greece, Zambia, Maldives and Poland increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Canada (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machine-tool for drilling importing markets into Iceland were the U.S. ($X), Germany ($X) and the UK ($X), with a combined X% share of total imports. Poland, Canada, Austria, Greece, Zambia, Iceland and Maldives lagged somewhat behind, together accounting for a further X the main importing countries, Maldives experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the machine-tool for drilling import price in Iceland amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the machine-tool for drilling import price continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2008 when the import price increased by X% year-to-year. Over the period under review, the import prices for machine-tools for drilling, boring or milling metal attained their maximum at $X per unit in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox Platform