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Iceland - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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Thermostat Market Size in Iceland
The revenue of the thermostat market in Iceland amounted to $X in 2018, going up 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, thermostat consumption continues to indicate strong growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. In that year, the thermostat market reached its peak level of $X. From 2015 to 2018, the growth of the thermostat market failed to regain its momentum.
Thermostat Exports
Exports from Iceland
In 2018, approx. X units of thermostats were exported from Iceland; lowering by -X% against the previous year. Overall, thermostat exports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, thermostat exports attained their peak of X units. From 2013 to 2018, the growth of thermostat exports remained at a lower figure.
In value terms, thermostat exports stood at $X in 2018. Overall, thermostat exports continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, thermostat exports reached their maximum in 2018 and are likely to continue its growth in the immediate term.
Exports by Country
China (X units) and Japan (X units) represented roughly X% of total exports of thermostats in 2018. China, Hong Kong SAR (X units) ranks next in terms of the total exports with a X% share, followed by Mexico (X%). The following exporters - Germany (X units), the Czech Republic (X units), Italy (X units), the U.S. (X units), Croatia (X units) and France (X units) - together made up X% of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Croatia, while the other leaders experienced more modest paces of growth.
In value terms, China ($X), Germany ($X) and Mexico ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by China, Hong Kong SAR, the U.S., Italy, France, Japan, the Czech Republic, Croatia and Iceland, which together accounted for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the thermostat export price in Iceland amounted to $X per unit, surging by X% against the previous year. Overall, the thermostat export price continues to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2013 when the export price increased by X% year-to-year. Over the period under review, the export prices for thermostats reached their peak figure in 2018 and is likely to continue its growth in the near future.
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Japan ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.
Thermostat Imports
Imports into Iceland
In 2018, the amount of thermostats imported into Iceland totaled X units, jumping by X% against the previous year. Overall, thermostat imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. In that year, thermostat imports reached their peak of X units. From 2015 to 2018, the growth of thermostat imports remained at a somewhat lower figure.
In value terms, thermostat imports stood at $X in 2018. Overall, thermostat imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, thermostat imports attained their maximum at $X in 2017, and then declined slightly in the following year.
Imports by Country
In 2018, China, Hong Kong SAR (X units) represented the largest importer of thermostats, mixing up X% of total imports. China (X units) ranks second in terms of the total imports with a X% share, followed by Germany (X%), the U.S. (X%), Mexico (X%) and Turkey (X%). Italy (X units), the Czech Republic (X units), the UK (X units), India (X units), Brazil (X units) and Poland (X units) held a little share of total imports.
From 2007 to 2018, average annual rates of growth with regard to thermostat imports into China, Hong Kong SAR stood at +X%. At the same time, India (+X%), Turkey (+X%), Brazil (+X%), China (+X%), Poland (+X%), Germany (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The Czech Republic experienced a relatively flat trend pattern. By contrast, the UK (-X%), the U.S. (-X%) and Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Hong Kong SAR, China and Turkey increased by +X%, +X% and +X% percentage points, while Italy (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the U.S. ($X) constitutes the largest market for imported thermostats into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.
From 2007 to 2018, the average annual growth rate of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China, Hong Kong SAR (+X% per year).
Import Prices by Country
In 2018, the thermostat import price in Iceland amounted to $X per unit, reducing by -X% against the previous year. In general, the thermostat import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Iceland import price peaked at $X per unit in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per unit), while China, Hong Kong SAR ($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 U.S., while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the thermostat 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.
Product coverage:
- Prodcom 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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