Denmark: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Denmark

After two years of decline, the Danish aircraft launching gear market increased by 2.8% to $X in 2021. Overall, consumption showed a relatively flat trend pattern. Aircraft launching gear consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Aircraft Launching Gear Production in Denmark

In value terms, aircraft launching gear production rose slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -36.6% against 2018 indices. The pace of growth was the most pronounced in 2015 with an increase of 20% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Aircraft Launching Gear Exports

Exports from Denmark

In 2021, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof exported from Denmark contracted to X kg, declining by -14.2% on the year before. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 5,477%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, aircraft launching gear exports surged to $X in 2021. Over the period under review, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 14,546%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for aircraft launching gear exports from Denmark, accounting for a 66% share of total exports. Moreover, aircraft launching gear exports to France exceeded the volume sent to the second major destination, Norway (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+10.3% per year) and Germany (+400.0% per year).

In value terms, the largest markets for aircraft launching gear exported from Denmark were France ($X), Norway ($X) and Germany ($X).

Germany, with a CAGR of +433.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average aircraft launching gear export price amounted to $X per ton, with an increase of 651% against the previous year. Over the period under review, the export price, however, recorded a deep slump. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.4%).

Aircraft Launching Gear Imports

Imports into Denmark

In 2021, supplies from abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof decreased by 0% to X kg, falling for the second consecutive year after two years of decline. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 3,792% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, aircraft launching gear imports stood at $X in 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 3,591%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

The UK (X kg), the United States (X kg) and the Netherlands (X kg) were the main suppliers of aircraft launching gear imports to Denmark.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +36.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of aircraft launching gear, deck-arrestor or similar gear and parts thereof to Denmark, comprising 65% of total imports. The second position in the ranking was held by the UK ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +50.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+50.1% per year) and the Netherlands (0.0% per year).

Import Prices by Country

The average aircraft launching gear import price stood at $X per ton in 2021, leveling off at the previous year. In general, the import price saw a significant increase. The growth pace was the most rapid in 2013 when the average import price increased by 6,152% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+22.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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