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Iceland - Wine and Grape Must - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIceland: Wine Market 2020
Wine Market Size in Iceland
The revenue of the wine market in Iceland amounted to $X in 2018, jumping 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). Over the period under review, the total market indicated a temperate 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, wine consumption increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the wine market attained its maximum level in 2018 and is expected to retain its growth in the immediate term.
Wine Exports
Exports from Iceland
Wine exports from Iceland totaled X litres in 2018, going up by X% against the previous year. Over the period under review, wine exports continue to indicate a measured increase. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, wine exports attained their peak and are likely to continue its growth in the immediate term.
In value terms, wine exports amounted to $X in 2018. Overall, wine exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, wine exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.
Exports by Country
The exports of the three major exporters of wine and grape must, namely Spain, Italy and France, represented more than half of total export. Chile (X litres) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Australia (X%) and South Africa (X%). The following exporters - Germany (X litres), the U.S. (X litres), New Zealand (X litres), Portugal (X litres), Argentina (X litres) and China (X litres) - together made up X% of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while the other leaders experienced more modest paces of growth.
In value terms, the largest wine markets from Iceland were France ($X), Italy ($X) and Spain ($X), with a combined X% share of total exports. These countries were followed by Australia, Chile, the U.S., New Zealand, Germany, Portugal, Argentina, South Africa, China and Iceland, which together accounted for a further X the main exporting countries, China experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the wine export price in Iceland amounted to $X per litre, dropping by -X% against the previous year. Over the period under review, the wine export price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2009 when the export price increased by X% y-o-y. Over the period under review, the export prices for wine and grape must attained their maximum at $X per litre in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.
Prices varied noticeably by the country of origin; the country with the highest price was France ($X per litre), while Spain ($X per litre) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced more modest paces of growth.
Wine Imports
Imports into Iceland
In 2018, the imports of wine and grape must into Iceland totaled X litres, picking up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, wine imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.
In value terms, wine imports totaled $X in 2018. In general, the total imports indicated a moderate increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, wine imports attained their peak figure in 2018 and are likely to continue its growth in the near future.
Imports by Country
The countries with the highest levels of wine imports in 2018 were Germany (X litres), the UK (X litres), the U.S. (X litres), China (X litres), France (X litres), Russia (X litres), Canada (X litres), the Netherlands (X litres), Belgium (X litres), Japan (X litres), Denmark (X litres) and Switzerland (X litres), together accounting for X% of total import.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.
In value terms, the largest wine importing markets into Iceland were the U.S. ($X), the UK ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by China, Canada, Japan, the Netherlands, Belgium, Russia, Switzerland, France, Denmark and Iceland, which together accounted for a further X terms of the main importing countries, China recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
The wine import price in Iceland stood at $X per litre in 2018, approximately equating the previous year. In general, the wine import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X% y-o-y. Iceland import price peaked at $X per litre in 2007; however, from 2008 to 2018, import prices remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per litre), while France ($X per litre) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the wine 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 11021130 - Champagne (important: excluding alcohol duty)
- Prodcom 11021193 -
- Prodcom 11021195 -
- Prodcom 11021211 - White wine with a protected designation of origin (PDO)
- Prodcom 11021213 -
- Prodcom 11021215 - Wine and grape must with fermentation prevented or arrested by the addition of alcohol, put up with pressure of CO2 in solution . 1 bar < 3, a t .20
- Prodcom 11021217 - Quality wine and grape must with fermentation prevented or arrested by the addition of alcohol, with a protected designation of origin (PDO) produced of an alcoholic strength of . .15 % (excluding white wine and sparkling wine)
- Prodcom 11021219 -
- Prodcom 11021230 -
- Prodcom 11021250 - Grape must (excluding alcohol duty)
- Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)
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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