Denmark: Breathing Appliances Market 2024

Breathing Appliances Market Size in Denmark

The Danish breathing appliances market rose modestly to $X in 2022, growing by 1.6% against the previous year. Over the period under review, consumption, however, continues to indicate noticeable growth. Breathing appliances consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Breathing Appliances Production in Denmark

In value terms, breathing appliances production declined sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 634%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Breathing Appliances Exports

Exports from Denmark

In 2022, shipments abroad of breathing appliances and gas masks increased by 29% to X units, rising for the second year in a row after three years of decline. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 64%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, breathing appliances exports surged to $X in 2022. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 66% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), the United States (X units) and the United Arab Emirates (X units) were the main destinations of breathing appliances exports from Denmark, together comprising 42% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +75.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for breathing appliances exported from Denmark were the United States ($X), the UK ($X) and the United Arab Emirates ($X), with a combined 34% share of total exports.

The United Arab Emirates, with a CAGR of +74.3%, saw the highest growth rate of the value of exports, among 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 2022, the average breathing appliances export price amounted to $X per unit, with an increase of 17% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, breathing appliances export price increased by +36.6% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Germany ($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 the UK (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Breathing Appliances Imports

Imports into Denmark

In 2022, purchases abroad of breathing appliances and gas masks decreased by -4.2% to X units, falling for the second consecutive year after nine years of growth. In general, imports, however, showed a pronounced increase. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, breathing appliances imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Sweden (X units) and the United States (X units) were the main suppliers of breathing appliances imports to Denmark, with a combined 78% share of total imports. Spain, the UK, China and Brazil lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +97.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of breathing appliances and gas masks to Denmark, comprising 80% of total imports. The second position in the ranking was taken by the United States ($X), with a 7.9% share of total imports. It was followed by Sweden, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+34.9% per year) and Sweden (+4.9% per year).

Import Prices by Country

The average breathing appliances import price stood at $X per unit in 2022, picking up by 51% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, breathing appliances import price increased by +156.2% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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