Measuring Instrument Market Overview in Iceland
The value of the measuring instrument market in Iceland soared to $ in 2019, with an increase of % 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, consumption posted a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of % y-o-y. Iceland consumption peaked in 2019 and is likely to see gradual growth in the near future.