Overview of the Market for Turbo-Jet (Under 25 kN) in Iceland
The value of the turbo-jet (under kn) market in Iceland skyrocketed to $ in 2019, rising by % 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, consumption showed a prominent expansion. The growth pace was the most rapid in 2014 when the market value increased by % y-o-y. Iceland consumption peaked at $ in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.