Latest Report Update: Dec 27, 2019

Iceland - Ships, Vessels, Ferry-Boats For The Transport Of Persons - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Iceland: Shipping Market Overview 2020

Shipping Market Size in Iceland

The revenue of the shipping market in Iceland amounted to $X in 2018, growing by X% against the previous year. In general, the total market indicated a prominent expansion from 2007 to 2018: its value 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, shipping consumption increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. Over the period under review, the shipping market attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Shipping Production in Iceland

In value terms, shipping production totaled $X in 2018 estimated in export prices. In general, shipping production, however, continues to indicate a deep decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Iceland shipping production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Shipping Exports

Exports from Iceland

Shipping exports from Iceland amounted to X tonnes in 2018, lowering by -X% against the previous year. In general, shipping exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2008 when exports decreased by -X% y-o-y. Over the period under review, shipping exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, shipping exports stood at $X in 2018. In general, shipping exports continue to indicate a deep curtailment. The pace of growth appeared the most rapid in 2013 when exports decreased by -X% against the previous year. Over the period under review, shipping exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Italy (X tonnes), distantly followed by France (X tonnes), Germany (X tonnes), Finland (X tonnes) and Australia (X tonnes) were the major exporters of ships, vessels, ferry-boats for the transport of persons, together committing X% of total exports. Poland (X tonnes), Norway (X tonnes), the Philippines (X tonnes), Bahamas (X tonnes), Japan (X tonnes) and Turkey (X tonnes) 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 Australia, while the other leaders experienced more modest paces of growth.

In value terms, the largest shipping markets from Iceland were Italy ($X), France ($X) and Germany ($X), with a combined X% share of total exports.

France recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The shipping export price in Iceland stood at $X per tonne in 2018, stabilizing at the previous year. Over the period under review, the shipping export price continues to indicate extraordinary growth. The pace of growth appeared the most rapid in 2017 when the export price increased by X% year-to-year. Over the period under review, the export prices for ships, vessels, ferry-boats for the transport of persons reached their peak figure in 2018 and is expected to retain its growth in the near future.

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

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

Shipping Imports

Imports into Iceland

In 2018, the amount of ships, vessels, ferry-boats for the transport of persons imported into Iceland amounted to X kg, shrinking by -X% against the previous year. Over the period under review, shipping imports continue to indicate a precipitous reduction. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, shipping imports reached their maximum at X tonnes in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, shipping imports stood at $X in 2018. Overall, shipping imports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, shipping imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. represented the major importer of ships, vessels, ferry-boats for the transport of persons in the world, with the volume of imports reaching X tonnes, which was near X% of total imports in 2018. It was distantly followed by Italy (X tonnes), Germany (X tonnes) and Norway (X tonnes), together constituting a X% share of total imports. Liberia (X tonnes), France (X tonnes), Bahamas (X tonnes), Switzerland (X tonnes) and Sweden (X tonnes) held a little share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Sweden (+X%), Liberia (+X%), Switzerland (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. By contrast, Norway (-X%) and Bahamas (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Germany (+X p.p.), Liberia (+X p.p.), France (+X p.p.), Sweden (+X p.p.) and Switzerland (+X p.p.) significantly strengthened its position in terms of the global imports, while Norway and Bahamas saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ships, vessels, ferry-boats for the transport of persons into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the shipping import price in Iceland amounted to $X per tonne, surging by X% against the previous year. Overall, the shipping import price continues to indicate a strong expansion. The growth pace was the most rapid in 2015 an increase of X% year-to-year. Over the period under review, the import prices for ships, vessels, ferry-boats for the transport of persons attained their peak figure in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Switzerland ($X per tonne), while Liberia ($X per tonne) 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 more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 30112130 - Cruise vessels
• Prodcom 30112150 - Ferries

This report provides an in-depth analysis of the shipping market in Iceland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Iceland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Iceland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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