Iceland: Man-Made Filament Fabric Market 2020

Man-Made Filament Fabric Market Size in Iceland

The revenue of the man-made filament fabric market in Iceland amounted to $X in 2018, coming down 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, man-made filament fabric consumption continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the man-made filament fabric market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Man-Made Filament Fabric Exports

Exports from Iceland

In 2018, the amount of woven fabrics of man-made filaments and staple fibers exported from Iceland amounted to X square meters, surging by X% against the previous year. Over the period under review, man-made filament fabric exports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Iceland exports peaked at X square meters in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, man-made filament fabric exports totaled $X in 2018. Overall, man-made filament fabric exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. In that year, man-made filament fabric exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

China dominates man-made filament fabric exports structure, accounting for X square meters, which was near X% of total exports in 2018. The following exporters - Taiwan, Chinese (X square meters), South Korea (X square meters), Turkey (X square meters), India (X square meters), Pakistan (X square meters), Germany (X square meters) and Spain (X square meters) - together made up X% of total exports.

China was also the fastest-growing in terms of the woven fabrics of man-made filaments and staple fibers exports, with a CAGR of +X% from 2007 to 2018. At the same time, Spain (+X%) and Turkey (+X%) displayed positive paces of growth. India experienced a relatively flat trend pattern. By contrast, Germany (-X%), South Korea (-X%), Taiwan, Chinese (-X%) and Pakistan (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global exports, while Taiwan, Chinese saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest man-made filament fabric supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by Taiwan, Chinese, with a X% share.

In China, man-made filament fabric exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: South Korea (-X% per year) and Taiwan, Chinese (-X% per year).

Export Prices by Country

The man-made filament fabric export price in Iceland stood at $X per square meter in 2018, waning by -X% against the previous year. In general, the man-made filament fabric export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2009 when the export price increased by X% against the previous year. In that year, the export prices for woven fabrics of man-made filaments and staple fibers attained their peak level of $X per square meter. From 2010 to 2018, the growth in terms of the export prices for woven fabrics of man-made filaments and staple fibers failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per square meter), while Pakistan ($X per square meter) was amongst the lowest.

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

Man-Made Filament Fabric Imports

Imports into Iceland

In 2018, approx. X square meters of woven fabrics of man-made filaments and staple fibers were imported into Iceland; lowering by -X% against the previous year. In general, man-made filament fabric imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, man-made filament fabric imports attained their maximum at X square meters in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, man-made filament fabric imports totaled $X in 2018. Overall, man-made filament fabric imports continue to indicate a deep deduction. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, man-made filament fabric imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Vietnam (X square meters), followed by Indonesia (X square meters) represented the largest importers of woven fabrics of man-made filaments and staple fibers, together constituting X% of total imports. The following importers - the U.S. (X square meters), the United Arab Emirates (X square meters), Russia (X square meters), Brazil (X square meters), China (X square meters), Bangladesh (X square meters), Saudi Arabia (X square meters), Myanmar (X square meters), Cambodia (X square meters) and Turkey (X square meters) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Myanmar, while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers into Iceland, comprising X% of global imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of global imports. It was followed by China, with a X% share.

In Vietnam, man-made filament fabric imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and China (-X% per year).

Import Prices by Country

In 2018, the man-made filament fabric import price in Iceland amounted to $X per square meter, waning by -X% against the previous year. In general, the man-made filament fabric import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. Iceland import price peaked at $X per square meter in 2009; however, from 2010 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per square meter), while Russia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform