
Iceland - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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Iceland: Silicone Market Overview 2020
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Silicone Market Size in Iceland
The revenue of the silicone market in Iceland amounted to $X in 2018, shrinking 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). In general, silicone consumption, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. In that year, the silicone market attained its peak level of $X. From 2016 to 2018, the growth of the silicone market remained at a lower figure.
Silicone Exports
Exports from Iceland
In 2018, the exports of silicones (in primary forms) from Iceland totaled X kg, lowering by -X% against the previous year. Overall, silicone exports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. In that year, silicone exports attained their peak of X kg, and then declined slightly in the following year.
In value terms, silicone exports stood at $X in 2018. Overall, silicone exports continue to indicate a deep descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. In that year, silicone exports attained their peak of $X, and then declined slightly in the following year.
Silicone Imports
Imports into Iceland
In 2018, approx. X tonnes of silicones (in primary forms) were imported into Iceland; shrinking by -X% against the previous year. Over the period under review, silicone imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, silicone imports attained their peak figure at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.
In value terms, silicone imports totaled $X in 2018. Over the period under review, the total imports indicated a temperate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, silicone imports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. In that year, silicone imports attained their peak of $X. From 2016 to 2018, the growth of silicone imports remained at a lower figure.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the silicone 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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