Denmark: Market for Continuous-Action Elevators And Conveyors 2025

Market Size for Continuous-Action Elevators And Conveyors in Denmark

The Danish continuous-action elevators and conveyors market dropped markedly to $X in 2022, declining by X% against the previous year. Overall, consumption, however, saw a notable expansion. As a result, consumption reached the peak level of $X, and then dropped dramatically in the following year.

Production of Continuous-Action Elevators And Conveyors in Denmark

In value terms, continuous-action elevators and conveyors production amounted to $X in 2022 estimated in export price. In general, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Continuous-Action Elevators And Conveyors

Exports from Denmark

For the third consecutive year, Denmark recorded growth in shipments abroad of continuous-action elevators and conveyors, which increased by X% to X units in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, continuous-action elevators and conveyors exports shrank to $X in 2022. In general, total exports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then declined in the following year.

Exports by Country

The UK (X units), Mexico (X units) and Germany (X units) were the main destinations of continuous-action elevators and conveyors exports from Denmark, together accounting for X% of total exports. The United States, the Czech Republic, Sweden, Canada, Vietnam, Austria, South Korea, Romania, Finland and Norway lagged somewhat behind, together accounting for a further X%.

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

In value terms, the UK ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for continuous-action elevators and conveyors exported from Denmark worldwide, with a combined X% share of total exports. Sweden, Mexico, the Czech Republic, Norway, South Korea, Austria, Romania, Finland, Canada and Vietnam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 continuous-action elevators and conveyors export price amounted to $X per unit, declining by X% against the previous year. Overall, the export price, however, continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Vietnam ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Denmark

In 2022, continuous-action elevators and conveyors imports into Denmark shrank slightly to X units, leveling off at the previous year's figure. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X units, leveling off in the following year.

In value terms, continuous-action elevators and conveyors imports stood at $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Hungary (X units), China (X units) and Germany (X units) were the main suppliers of continuous-action elevators and conveyors imports to Denmark, with a combined X% share of total imports.

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

In value terms, the largest continuous-action elevators and conveyors suppliers to Denmark were Germany ($X), the Netherlands ($X) and Poland ($X), together accounting for X% of total imports. China, Turkey, Sweden, Spain, Italy, Hungary, Austria, Finland and Norway lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 continuous-action elevators and conveyors import price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Poland ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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