Denmark: Totaliser Market 2024

Totaliser Market Size in Denmark

In 2021, the Danish totaliser market decreased by -89.3% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a dramatic curtailment. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Totaliser Exports

Exports from Denmark

For the fourth year in a row, Denmark recorded growth in overseas shipments of continuous and discontinuous totalisers, which increased by 11% to X units in 2021. In general, exports posted a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 75% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, totaliser exports contracted remarkably to $X in 2021. Overall, exports, however, recorded a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 81%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Sweden (X units) and Indonesia (X units) were the main destinations of totaliser exports from Denmark, together accounting for 57% of total exports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +179.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for totaliser exported from Denmark were Germany ($X), Sweden ($X) and Iceland ($X), with a combined 48% share of total exports. These countries were followed by Ireland, the UK, Poland, France, Norway, Switzerland, Hungary, Italy, Slovakia and Indonesia, which together accounted for a further 36%.

In terms of the main countries of destination, Hungary, with a CAGR of +56.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average totaliser export price amounted to $X per unit, reducing by -27% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 67%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Totaliser Imports

Imports into Denmark

In 2021, supplies from abroad of continuous and discontinuous totalisers decreased by -70.9% to X units, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 50%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, totaliser imports surged to $X in 2021. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -9.9% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 57%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest totaliser supplier to Denmark, with a 51% share of total imports. Moreover, totaliser imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Belgium (X units) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-25.3% per year) and Belgium (+125.2% per year).

In value terms, Germany ($X) constituted the largest supplier of continuous and discontinuous totalisers to Denmark, comprising 48% of total imports. The second position in the ranking was held by Slovakia ($X), with a 19% share of total imports. It was followed by Poland, with a 1.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+3.6% per year) and Poland (-28.7% per year).

Import Prices by Country

The average totaliser import price stood at $X per unit in 2021, growing by 377% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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