Denmark: Market for Base Metal Automatic Door Closers 2024

Market Size for Base Metal Automatic Door Closers in Denmark

The Danish metal automatic door closer market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption posted a significant increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Base Metal Automatic Door Closers in Denmark

In value terms, metal automatic door closer production soared to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant expansion. Metal automatic door closer production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Base Metal Automatic Door Closers

Exports from Denmark

In 2021, shipments abroad of base metal automatic door closers increased by 3.5% to X tons, rising for the fourth consecutive year after five years of decline. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 80% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal automatic door closer exports amounted to $X in 2021. Over the period under review, exports, however, saw a pronounced reduction. The growth pace was the most rapid in 2020 with an increase of 69%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and Poland (X tons) were the main destinations of metal automatic door closer exports from Denmark, with a combined 84% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +37.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for base metal automatic door closers exports from Denmark, comprising 49% of total exports. The second position in the ranking was taken by Sweden ($X), with a 19% share of total exports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +52.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+12.5% per year) and Poland (+26.5% per year).

Export Prices by Country

The average metal automatic door closer export price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands ($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 Poland (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Automatic Door Closers

Imports into Denmark

In 2021, the amount of base metal automatic door closers imported into Denmark stood at X tons, picking up by 5.8% on the year before. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +33.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 26%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, metal automatic door closer imports rose significantly to $X in 2021. Overall, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 36% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of metal automatic door closer to Denmark, with a 59% share of total imports. Moreover, metal automatic door closer imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.4% per year) and Italy (+5.4% per year).

In value terms, Germany ($X) constituted the largest supplier of base metal automatic door closers to Denmark, comprising 58% of total imports. The second position in the ranking was held by Sweden ($X), with an 18% share of total imports. It was followed by Italy, with a 17% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+23.5% per year) and Italy (+7.0% per year).

Import Prices by Country

The average metal automatic door closer import price stood at $X per ton in 2021, growing by 5.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 18%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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