Iceland: Market for Machines For Preparing, Weaving And Knitting Textiles 2019

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Iceland

The revenue of the market for machines for preparing, weaving and knitting textiles in Iceland amounted to $X in 2018, growing by X% against the previous year. Over the period under review, consumption of machines for preparing, weaving and knitting textiles, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Iceland consumption of machines for preparing, weaving and knitting textiles peaked in 2018 and is expected to retain its growth in the near future.

Production of Machines For Preparing, Weaving And Knitting Textiles in Iceland

In value terms, production of machines for preparing, weaving and knitting textiles totaled $X in 2018 estimated in export prices. Overall, production of machines for preparing, weaving and knitting textiles, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2009 when production volume increased by X% against the previous year. Iceland production of machines for preparing, weaving and knitting textiles peaked at $X in 2017, and then declined slightly in the following year.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Iceland

In 2018, the amount of machines for preparing, weaving and knitting textiles exported from Iceland stood at X units, coming down by -X% against the previous year. In general, exports of machines for preparing, weaving and knitting textiles, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Iceland exports peaked at X units in 2017, and then declined slightly in the following year.

In value terms, exports of machines for preparing, weaving and knitting textiles totaled $X in 2018. In general, exports of machines for preparing, weaving and knitting textiles, however, continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Iceland exports peaked at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X units), distantly followed by Singapore (X units), Japan (X units), Jordan (X units), Italy (X units) and New Zealand (X units) were the major exporters of machines for preparing, weaving and knitting textiles, together achieving X% of total exports. India (X units), the UK (X units), Vietnam (X units), the U.S. (X units) and Taiwan, Chinese (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 Singapore, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Italy ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by India, Taiwan, Chinese, the U.S., the UK, Vietnam, Singapore, New Zealand, Jordan and Iceland, which together accounted for a further X terms of the main exporting countries, India experienced 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

In 2018, the export price for machines for preparing, weaving and knitting textiles in Iceland amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price for machines for preparing, weaving and knitting textiles continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2014 when the export price increased by X% y-o-y. In that year, the export prices for machines for preparing, weaving and knitting textiles reached their peak level of $X per unit. From 2015 to 2018, the growth in terms of the export prices for machines for preparing, weaving and knitting textiles remained at a somewhat lower figure.

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

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

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Iceland

In 2018, approx. X units of machines for preparing, weaving and knitting textiles were imported into Iceland; going down by -X% against the previous year. Over the period under review, imports of machines for preparing, weaving and knitting textiles continue to indicate a dramatic reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Iceland imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, imports of machines for preparing, weaving and knitting textiles totaled $X in 2018. Over the period under review, imports of machines for preparing, weaving and knitting textiles continue to indicate a deep contraction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Iceland imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the UK (X units) and Canada (X units) were the main importers of machines for preparing, weaving and knitting textilesaround the world, together constituting X% of total imports. It was distantly followed by India (X units), creating a X% share of total imports. Bangladesh (X units), Vietnam (X units), the U.S. (X units), Mexico (X units), South Africa (X units), Germany (X units), Thailand (X units), Greece (X units) and the Netherlands (X units) took 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 Canada, while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported machines for preparing, weaving and knitting textiles into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

The import price for machines for preparing, weaving and knitting textiles in Iceland stood at $X per unit in 2018, falling by -X% against the previous year. In general, the import price for machines for preparing, weaving and knitting textiles, however, continues to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Over the period under review, the import prices for machines for preparing, weaving and knitting textiles 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 importing countries. In 2018, the country with the highest price was India ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform