Crane Market Overview in Iceland
The size of the crane market in Iceland plummeted to $ in 2019, which is down 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). Over the period under review, consumption, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when the market value increased by % y-o-y. Iceland consumption peaked at $ in 2018, and then fell significantly in the following year.