Denmark: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Denmark

The Danish reel cutting slitter market skyrocketed to $X in 2022, growing by 85% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Reel Cutting Slitter Production in Denmark

In value terms, reel cutting slitter production fell dramatically to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 421%. Reel cutting slitter production peaked at $X in 2021, and then contracted markedly in the following year.

Reel Cutting Slitter Exports

Exports from Denmark

In 2022, overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -91% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, recorded moderate growth. The pace of growth was the most pronounced in 2013 when exports increased by 349% against the previous year. The exports peaked at X units in 2021, and then declined significantly in the following year.

In value terms, reel cutting slitter exports dropped notably to $X in 2022. In general, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 53% against the previous year. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

Germany (X units), the Netherlands (X units) and France (X units) were the main destinations of reel cutting slitter exports from Denmark, with a combined 80% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +34.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for reel cutting slitter exported from Denmark were Germany ($X), the United States ($X) and Belgium ($X), together comprising 62% of total exports. The Netherlands, France, Sweden and Finland lagged somewhat behind, together accounting for a further 13%.

The Netherlands, with a CAGR of +27.5%, recorded the highest growth rate of 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

In 2022, the average reel cutting slitter export price amounted to $X per unit, picking up by 826% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 United States ($X per unit), while the average price for exports to the Netherlands ($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 United States (+34.7%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into Denmark

In 2022, overseas purchases of combined reel slitting and re-reeling cutting machines for paper and paperboard increased by 56% to X units, rising for the second year in a row after three years of decline. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 93%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, reel cutting slitter imports skyrocketed to $X in 2022. In general, imports showed a noticeable increase. The pace of growth appeared the most rapid in 2017 with an increase of 203% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest reel cutting slitter supplier to Denmark, with a 39% share of total imports. Moreover, reel cutting slitter imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. The third position in this ranking was held by Italy (X units), with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.7% per year) and Italy (+9.2% per year).

In value terms, Germany ($X) constituted the largest supplier of combined reel slitting and re-reeling cutting machines for paper and paperboard to Denmark, comprising 43% of total imports. The second position in the ranking was taken by Belgium ($X), with a 12% share of total imports. It was followed by Italy, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.5% per year) and Italy (+2.0% per year).

Import Prices by Country

The average reel cutting slitter import price stood at $X per unit in 2022, growing by 13% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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