Report Update Nov 1, 2024

Denmark - Civil Spacecraft, Satellites and Launch Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Spacecraft Market 2024

Spacecraft Market Size in Denmark

The Danish spacecraft market soared to $X in 2022, picking up by 18% against the previous year. Overall, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Spacecraft Production in Denmark

In value terms, spacecraft production surged to $X in 2022 estimated in export price. Overall, production showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 267%. Spacecraft production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Spacecraft Exports

Exports from Denmark

In 2022, approx. X units of civil spacecraft, satellites and launch vehicles were exported from Denmark; increasing by 1,140% against the year before. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spacecraft exports surged to $X in 2022. Overall, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units), Italy (X units) and Germany (X units) were the main destinations of spacecraft exports from Denmark, together accounting for 53% of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +200.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the key foreign market for civil spacecraft, satellites and launch vehicles exports from Denmark, comprising 38% of total exports. The second position in the ranking was taken by Italy ($X), with an 18% share of total exports. It was followed by France, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Spain totaled +474.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and France (0.0% per year).

Export Prices by Country

The average spacecraft export price stood at $X per unit in 2022, surging by 23% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 579% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 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 Spain ($X per unit), while the average price for exports to Luxembourg ($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 (+421.3%), while the prices for the other major destinations experienced more modest paces of growth.

Spacecraft Imports

Imports into Denmark

In 2022, the amount of civil spacecraft, satellites and launch vehicles imported into Denmark was estimated at X units, stabilizing at 2021. Overall, imports saw a sharp contraction. The smallest decline of 99.9% was in 2021. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, spacecraft imports amounted to $X in 2022. Over the period under review, imports recorded a precipitous shrinkage. The smallest decline of 99.9% was in 2021. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of spacecraft to Denmark, with a 71% share of total imports. Moreover, spacecraft imports from the United States exceeded the figures recorded by the second-largest supplier, Faroe Islands (X units), fivefold.

From 2020 to 2022, the average annual rate of growth in terms of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Faroe Islands (0.0% per year) and Switzerland (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of civil spacecraft, satellites and launch vehicles to Denmark, comprising 90% of total imports. The second position in the ranking was held by Faroe Islands ($X), with a 9.7% share of total imports.

From 2020 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Faroe Islands (0.0% per year) and Switzerland (0.0% per year).

Import Prices by Country

In 2022, the average spacecraft import price amounted to $X per unit, stabilizing at the previous year. Overall, the import price saw a significant increase. The pace of growth appeared the most rapid in 2021 when the average import price decreased by 99.9%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 the United States ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for civil spacecraft, satellites and launch vehicles in the world?

Mexico remains the largest spacecraft consuming country worldwide, accounting for 46% of total volume. Moreover, spacecraft consumption in Mexico exceeded the figures recorded by the second-largest consumer, France, threefold. The third position in this ranking was occupied by Luxembourg, with a 5.8% share.

What are the largest producers of civil spacecraft, satellites and launch vehicles in the world?

The country with the largest volume of spacecraft production was China, accounting for 68% of total volume. Moreover, spacecraft production in China exceeded the figures recorded by the second-largest producer, France, fourfold. South Korea ranked third in terms of total production with a 6.5% share.

What are the leading suppliers of civil spacecraft, satellites and launch vehicles to Denmark?

In value terms, the United States $298) constituted the largest supplier of spacecraft to Denmark.

What are the leading importers of civil spacecraft, satellites and launch vehicles from Denmark?

In value terms, the United States emerged as the key foreign market for spacecraft exports from Denmark, comprising 96% of total exports. The second position in the ranking was occupied by Saudi Arabia, with a 1.5% share of total exports.

What is the average export price for civil spacecraft, satellites and launch vehicles in Denmark?

In 2021, the average spacecraft export price amounted to $26,270 per unit, shrinking by -63.3% against the previous year.

What is the average import price for civil spacecraft, satellites and launch vehicles in Denmark?

In 2021, the average spacecraft import price amounted to $15 per unit, with a decrease of -99.6% against the previous year.

This report provides an in-depth analysis of the spacecraft market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30304000 - Spacecraft, satellites and launch vehicles, for civil use

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023