Denmark: Transportation Vehicle Body Market 2025

Transportation Vehicle Body Market Size in Denmark

The Danish transportation vehicle body market soared to $X in 2022, growing by 492% against the previous year. Over the period under review, consumption showed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Transportation Vehicle Body Production in Denmark

In value terms, transportation vehicle body production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 5.2% against the previous year. Transportation vehicle body production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Transportation Vehicle Body Exports

Exports from Denmark

In 2022, exports of bodies for motor vehicles for the transporting people from Denmark skyrocketed to X units, increasing by 679% compared with 2021. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 413% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Norway (X units), the United Arab Emirates (X units) and Senegal (X units) were the main destinations of transportation vehicle body exports from Denmark, together comprising 93% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +173.8%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) emerged as the key foreign market for bodies for motor vehicles for the transporting people exports from Denmark, comprising 84% of total exports. The second position in the ranking was held by the UK ($X), with a 4.8% share of total exports. It was followed by the United Arab Emirates, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Norway amounted to +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-20.5% per year) and the United Arab Emirates (+35.7% per year).

Export Prices by Country

The average transportation vehicle body export price stood at $X per unit in 2022, dropping by -49.4% against the previous year. In general, the export price saw a precipitous contraction. The growth pace was the most rapid in 2020 when the average export price increased by 287% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United Arab Emirates ($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 Greenland (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Transportation Vehicle Body Imports

Imports into Denmark

After two years of decline, supplies from abroad of bodies for motor vehicles for the transporting people increased by 1,432% to X units in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body imports surged to $X in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of transportation vehicle body to Denmark, accounting for a 85% share of total imports. Moreover, transportation vehicle body imports from Italy exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold. The third position in this ranking was held by the Czech Republic (X units), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +249.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+127.5% per year) and the Czech Republic (+112.6% per year).

In value terms, the largest transportation vehicle body suppliers to Denmark were Italy ($X), the Netherlands ($X) and Norway ($X), with a combined 93% share of total imports.

Italy, with a CAGR of +180.2%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average transportation vehicle body import price amounted to $X per unit, which is down by -42.5% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 Norway ($X per unit), while the price for Sweden ($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 (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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