Denmark: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in Denmark

The Danish wood bending machine market surged to $X in 2021, rising by 40% against the previous year. Overall, consumption saw a remarkable increase. Wood bending machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Wood Bending Machine Production in Denmark

In value terms, wood bending machine production rose notably to $X in 2021 estimated in export price. In general, production showed a abrupt decline. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wood Bending Machine Exports

Exports from Denmark

Wood bending machine exports from Denmark plummeted to X units in 2021, dropping by -67.3% on 2020. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2017 when exports increased by 2,111%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood bending machine exports fell sharply to $X in 2021. Over the period under review, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2017 when exports increased by 2,357% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Argentina (X units), Brazil (X units) and Japan (X units) were the main destinations of wood bending machine exports from Denmark, together accounting for 69% of total exports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +379.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood bending machine exported from Denmark were Israel ($X), Japan ($X) and Poland ($X), with a combined 56% share of total exports. Argentina, Australia, Brazil, Canada and Lebanon lagged somewhat behind, together comprising a further 43%.

Argentina, with a CAGR of +612.4%, saw the highest rates of growth with regard to 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

The average wood bending machine export price stood at $X per unit in 2021, rising by 96% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 185% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+397.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Bending Machine Imports

Imports into Denmark

In 2021, approx. X units of bending or assembling machines were imported into Denmark; picking up by 9.9% compared with 2020 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 455%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, wood bending machine imports skyrocketed to $X in 2021. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 128% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Sweden (X units), Germany (X units) and Estonia (X units) were the main suppliers of wood bending machine imports to Denmark, together accounting for 95% of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +271.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of bending or assembling machines to Denmark, comprising 59% of total imports. The second position in the ranking was taken by Sweden ($X), with a 5% share of total imports. It was followed by Estonia, with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +68.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+160.9% per year) and Estonia (+151.5% per year).

Import Prices by Country

The average wood bending machine import price stood at $X per unit in 2021, increasing by 84% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :