Denmark: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in Denmark

In 2022, the Danish non-electric air heater market decreased by -12% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption recorded a deep contraction. Non-electric air heater consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Electric Air Heater Production in Denmark

In value terms, non-electric air heater production stood at $X in 2022 estimated in export price. Overall, production, however, showed a deep slump. The growth pace was the most rapid in 2020 with an increase of 111% against the previous year. Non-electric air heater production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Electric Air Heater Exports

Exports from Denmark

In 2022, approx. X units of non-electric air heaters or hot air distributors were exported from Denmark; picking up by 50% on the previous year. Overall, exports saw a measured increase. The most prominent rate of growth was recorded in 2017 with an increase of 129%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, non-electric air heater exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a mild slump. The pace of growth appeared the most rapid in 2017 with an increase of 117% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Sweden (X units) and Russia (X units) were the main destinations of non-electric air heater exports from Denmark, together accounting for 79% of total exports. Norway, Ukraine, Greenland, Poland and France lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +157.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for non-electric air heaters or hot air distributors exports from Denmark, comprising 49% of total exports. The second position in the ranking was held by Sweden ($X), with a 14% share of total exports. It was followed by Norway, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+35.9% per year) and Norway (-5.1% per year).

Export Prices by Country

The average non-electric air heater export price stood at $X per unit in 2022, increasing by 14% against the previous year. In general, the export price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of 42%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Air Heater Imports

Imports into Denmark

In 2022, supplies from abroad of non-electric air heaters or hot air distributors was finally on the rise to reach X units after three years of decline. In general, imports, however, continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2017 with an increase of 150% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, non-electric air heater imports skyrocketed to $X in 2022. Over the period under review, imports recorded slight growth. The growth pace was the most rapid in 2017 with an increase of 70%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Italy (X units), China (X units) and Poland (X units) were the main suppliers of non-electric air heater imports to Denmark, together comprising 54% of total imports. Sweden, Germany, Ukraine, Spain, South Korea, the Netherlands, the Czech Republic and Finland lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +95.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric air heater suppliers to Denmark were Sweden ($X), Italy ($X) and Poland ($X), together accounting for 52% of total imports. Germany, China, Ukraine, the Netherlands, South Korea, the Czech Republic, Spain and Finland lagged somewhat behind, together accounting for a further 36%.

South Korea, with a CAGR of +67.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric air heater import price stood at $X per unit in 2022, with an increase of 6.7% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric air heater import price increased by +95.0% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 34%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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