Buyer Chemical Products salary in Iceland

Average Yearly Salary of Buyer Chemical Products in Iceland is approximately 14,441,531 ISK (100,537 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Buyer Chemical Products do?

The occupation of a buyer of chemical products involves sourcing, negotiating, and purchasing various chemical substances and products for use in industries such as pharmaceuticals, manufacturing, agriculture, and research. The buyer is responsible for identifying the needs of their organization, researching potential suppliers, evaluating product quality and pricing, and ultimately making purchase decisions that align with the company's requirements and budget. Additionally, the buyer of chemical products must stay updated on industry trends, regulations, and safety standards to ensure compliance with legal and environmental guidelines. They may also be involved in inventory management, maintaining relationships with suppliers, and coordinating deliveries.

Skills: Chemical product buyer, Purchasing specialist, Sourcing expert, Negotiation skills, Supply chain management, Industry knowledge
Job industry: Chemical manufacturing

How much does Buyer Chemical Products make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Buyer Chemical Products a well paid job?

Yes, our data shows that Buyer Chemical Products is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Buyer Chemical Products?

High salary for Buyer Chemical Products would be somewhere between 15,885,684 ISK and 20,940,220 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Buyer Chemical Products in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 14,441,531 ISK
Estimated Monthly Salary: 1,203,461 ISK
Estimated Weekly Salary: 277,722 ISK per week
Estimated Hourly Salary: 6,943 ISK per hour
By working as Buyer Chemical Products a person can save up to 5,649 USD per month or 67,791 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Buyer Chemical Products

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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