Iceland: Overview of the Market for Toilet And Kitchen Linen 2019

Market Size for Toilet And Kitchen Linen in Iceland

The revenue of the toilet and kitchen linen market in Iceland amounted to $X in 2018, waning 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, toilet and kitchen linen consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the market value increased by X% y-o-y. Over the period under review, the toilet and kitchen linen market reached its maximum level at $X in 2017, and then declined slightly in the following year.

Exports of Toilet And Kitchen Linen

Exports from Iceland

Toilet and kitchen linen exports from Iceland amounted to X kg in 2018, declining by -X% against the previous year. Over the period under review, toilet and kitchen linen exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Iceland exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, toilet and kitchen linen exports stood at $X in 2018. Over the period under review, toilet and kitchen linen exports continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Over the period under review, toilet and kitchen linen exports reached their maximum at $X in 2017, and then declined slightly in the following year.

Exports by Country

India (X tonnes), Pakistan (X tonnes) and China (X tonnes) represented roughly X% of total exports of toilet and kitchen linen in 2018. Turkey (X tonnes) took the next position in the ranking, followed by Viet Nam (X tonnes). All these countries together took near X% share of total exports. Bangladesh (X tonnes) and Portugal (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 Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Pakistan ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Turkey, Portugal, Bangladesh, Viet Nam and Iceland, which together accounted for a further X terms of the main exporting countries, Viet Nam 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 toilet and kitchen linen export price in Iceland amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the export price indicated a pronounced increase from 2007 to 2018: its price 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, toilet and kitchen linen export price increased by +X% against 2009 indices. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. In that year, the export prices for toilet and kitchen linen attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the export prices for toilet and kitchen linen remained at a somewhat lower figure.

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

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

Imports of Toilet And Kitchen Linen

Imports into Iceland

In 2018, approx. X tonnes of toilet and kitchen linen were imported into Iceland; falling by -X% against the previous year. Overall, toilet and kitchen linen imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Iceland imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, toilet and kitchen linen imports stood at $X in 2018. Overall, toilet and kitchen linen imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Iceland imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. was the major importer of toilet and kitchen linen in the world, with the volume of imports accounting for X tonnes, which was near X% of total imports in 2018. Japan (X tonnes) held an X% share (based on tonnes) of total imports, which put it in second place, followed by Germany (X%) and the UK (X%). France (X tonnes), the Philippines (X tonnes), Italy (X tonnes), Spain (X tonnes), Australia (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes) and Russia (X tonnes) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of toilet and kitchen linen imports. At the same time, the Philippines (+X%), Australia (+X%), the Netherlands (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Belgium, Germany and Italy experienced a relatively flat trend pattern. By contrast, the UK (-X%), Japan (-X%), Spain (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S. and the Philippines increased by +X% and +X% percentage points, while Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported toilet and kitchen linen into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The toilet and kitchen linen import price in Iceland stood at $X per tonne in 2018, surging by X% against the previous year. Over the period under review, the toilet and kitchen linen import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Iceland import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Philippines ($X per tonne), while Russia ($X per tonne) 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.

Source: IndexBox Platform