Denmark: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Denmark

In 2022, the Danish market for central heating boilers, for producing hot water or low pressure steam decreased by -11.2% to $X, falling for the third year in a row after two years of growth. In general, consumption showed a noticeable contraction. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Denmark

In value terms, production of central heating boilers, for producing hot water or low pressure steam dropped to $X in 2022 estimated in export price. Overall, production recorded a abrupt setback. The pace of growth appeared the most rapid in 2016 when the production volume increased by 92%. As a result, production reached the peak level of $X. From 2017 to 2022, production of growth failed to regain momentum.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports from Denmark

After two years of growth, overseas shipments of central heating boilers, for producing hot water or low pressure steam decreased by -39.8% to X units in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 28%. Over the period under review, the exports of attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam dropped remarkably to $X in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by 59%. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Denmark, with a 37% share of total exports. Moreover, exports of central heating boilers, for producing hot water or low pressure steam to Sweden exceeded the volume sent to the second major destination, Latvia (X units), threefold. Norway (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+63.3% per year) and Norway (-8.7% per year).

In value terms, Sweden ($X) remains the key foreign market for central heating boilers, for producing hot water or low pressure steam exports from Denmark, comprising 32% of total exports. The second position in the ranking was held by Norway ($X), with a 14% share of total exports. It was followed by France, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to -8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-4.4% per year) and France (-1.5% per year).

Export Prices by Country

The average export price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, with an increase of 5.6% against the previous year. In general, the export price, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the UK ($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 Norway (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports into Denmark

In 2022, purchases abroad of central heating boilers, for producing hot water or low pressure steam increased by 1.7% to X units, rising for the second year in a row after five years of decline. Over the period under review, imports, however, saw a abrupt descent. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam fell to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of 77%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest central heating boilers, for producing hot water or low pressure steam supplier to Denmark, accounting for a 46% share of total imports. Moreover, imports of central heating boilers, for producing hot water or low pressure steam from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. Poland (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-10.3% per year) and Poland (-5.8% per year).

In value terms, Germany ($X) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Denmark, comprising 56% of total imports. The second position in the ranking was taken by Turkey ($X), with a 7.2% share of total imports. It was followed by Austria, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.9% per year) and Austria (+48.1% per year).

Import Prices by Country

The average import price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, declining by -10.2% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 104% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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