| Product Code: ETC11487916 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
During the period 2020-2024, the Iceland cannabinoids market witnessed a steady increase in imports. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 was 8.71%. Notably, in 2023-2024, there was a year-on-year growth rate of 9.44%, contributing to the overall rise in imports during this period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Iceland Cannabinoids Market Overview |
3.1 Iceland Country Macro Economic Indicators |
3.2 Iceland Cannabinoids Market Revenues & Volume, 2022 & 2032F |
3.3 Iceland Cannabinoids Market - Industry Life Cycle |
3.4 Iceland Cannabinoids Market - Porter's Five Forces |
3.5 Iceland Cannabinoids Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Iceland Cannabinoids Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Iceland Cannabinoids Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Iceland Cannabinoids Market Revenues & Volume Share, By Source, 2022 & 2032F |
3.9 Iceland Cannabinoids Market Revenues & Volume Share, By Technology, 2022 & 2032F |
4 Iceland Cannabinoids Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Iceland Cannabinoids Market Trends |
6 Iceland Cannabinoids Market, By Types |
6.1 Iceland Cannabinoids Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Iceland Cannabinoids Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 Iceland Cannabinoids Market Revenues & Volume, By CBD, 2022 - 2032F |
6.1.4 Iceland Cannabinoids Market Revenues & Volume, By THC, 2022 - 2032F |
6.1.5 Iceland Cannabinoids Market Revenues & Volume, By CBG, 2022 - 2032F |
6.2 Iceland Cannabinoids Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Iceland Cannabinoids Market Revenues & Volume, By Pain Management, 2022 - 2032F |
6.2.3 Iceland Cannabinoids Market Revenues & Volume, By Appetite Stimulation, 2022 - 2032F |
6.2.4 Iceland Cannabinoids Market Revenues & Volume, By Skin Health, 2022 - 2032F |
6.3 Iceland Cannabinoids Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Iceland Cannabinoids Market Revenues & Volume, By Consumers, 2022 - 2032F |
6.3.3 Iceland Cannabinoids Market Revenues & Volume, By Patients, 2022 - 2032F |
6.3.4 Iceland Cannabinoids Market Revenues & Volume, By E-commerce, 2022 - 2032F |
6.4 Iceland Cannabinoids Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Iceland Cannabinoids Market Revenues & Volume, By Cannabis, 2022 - 2032F |
6.4.3 Iceland Cannabinoids Market Revenues & Volume, By Hemp, 2022 - 2032F |
6.4.4 Iceland Cannabinoids Market Revenues & Volume, By Plant-Based, 2022 - 2032F |
6.5 Iceland Cannabinoids Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Iceland Cannabinoids Market Revenues & Volume, By Nanoemulsion, 2022 - 2032F |
6.5.3 Iceland Cannabinoids Market Revenues & Volume, By Microencapsulation, 2022 - 2032F |
6.5.4 Iceland Cannabinoids Market Revenues & Volume, By Advanced Extraction, 2022 - 2032F |
7 Iceland Cannabinoids Market Import-Export Trade Statistics |
7.1 Iceland Cannabinoids Market Export to Major Countries |
7.2 Iceland Cannabinoids Market Imports from Major Countries |
8 Iceland Cannabinoids Market Key Performance Indicators |
9 Iceland Cannabinoids Market - Opportunity Assessment |
9.1 Iceland Cannabinoids Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Iceland Cannabinoids Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Iceland Cannabinoids Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Iceland Cannabinoids Market Opportunity Assessment, By Source, 2022 & 2032F |
9.5 Iceland Cannabinoids Market Opportunity Assessment, By Technology, 2022 & 2032F |
10 Iceland Cannabinoids Market - Competitive Landscape |
10.1 Iceland Cannabinoids Market Revenue Share, By Companies, 2025 |
10.2 Iceland Cannabinoids Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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