Denmark: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA in Denmark

In 2021, the Danish market for diesel or semi-diesel electric generating sets of output under X kVA was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a tangible expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Under X kVA in Denmark

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by 47% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Exports from Denmark

In 2021, shipments abroad of diesel or semi-diesel electric generating sets of output under X kVA increased by 8.9% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 28% against the previous year. Over the period under review, the exports of attained the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA expanded remarkably to $X in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 37%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output under X kVA from Denmark, with a 53% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA to Germany exceeded the volume sent to the second major destination, Norway (X units), twofold. The third position in this ranking was held by the UK (X units), with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+6.9% per year) and the UK (-0.6% per year).

In value terms, Germany ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Denmark, comprising 72% of total exports. The second position in the ranking was held by the UK ($X), with a 9.1% share of total exports. It was followed by Belgium, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-1.9% per year) and Belgium (+23.2% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, reducing by -3.2% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 27%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Norway ($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 Italy (+0.7%), while the prices for the other major destinations experienced a decline.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA

Imports into Denmark

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported into Denmark; jumping by 144% against 2020. Over the period under review, imports showed a measured increase. The growth pace was the most rapid in 2016 when imports increased by 180%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 124% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Spain (X units), China (X units) and Germany (X units) were the main suppliers of imports of diesel or semi-diesel electric generating sets of output under X kVA to Denmark, together comprising 80% of total imports. Sweden, Italy, France and Norway lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +35.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Denmark, comprising 58% of total imports. The second position in the ranking was taken by France ($X), with an 11% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-10.6% per year) and Germany (+20.2% per year).

Import Prices by Country

In 2021, the average import price for diesel or semi-diesel electric generating sets of output under X kVA amounted to $X per unit, shrinking by -20.6% against the previous year. Overall, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 121% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($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 (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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