Denmark: Diode Market 2024

Diode Market Size in Denmark

The Danish diode market soared to $X in 2021, rising by 18% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Diode consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Diode Production in Denmark

In value terms, diode production contracted modestly to $X in 2021 estimated in export price. Overall, production, however, showed a mild slump. The pace of growth was the most pronounced in 2017 with an increase of 92%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Diode Exports

Exports from Denmark

In 2021, shipments abroad of diodes, other than photosensitive or light emitting diodes was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports showed a resilient increase. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, diode exports soared to $X in 2021. In general, exports saw resilient growth. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for diode exports from Denmark, with a 45% share of total exports. Moreover, diode exports to Poland exceeded the volume sent to the second major destination, Germany (X units), fourfold. The UK (X units) ranked third in terms of total exports with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Poland totaled +34.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.1% per year) and the UK (+19.3% per year).

In value terms, Germany ($X) remains the key foreign market for diodes, other than photosensitive or light emitting diodes exports from Denmark, comprising 45% of total exports. The second position in the ranking was taken by Poland ($X), with a 22% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+28.8% per year) and the UK (+24.6% per year).

Export Prices by Country

In 2021, the average diode export price amounted to $X per unit, rising by 36% against the previous year. Over the period under review, the export price saw a tangible increase. The growth pace was the most rapid in 2018 an increase of 94% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Canada ($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 Germany (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into Denmark

In 2021, diode imports into Denmark expanded rapidly to X units, rising by 5.1% on the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 19% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, diode imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest diode supplier to Denmark, accounting for a 84% share of total imports. Moreover, diode imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), more than tenfold. China (X units) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.8% per year) and China (-3.9% per year).

In value terms, Germany ($X) constituted the largest supplier of diodes, other than photosensitive or light emitting diodes to Denmark, comprising 48% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by China, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+13.0% per year) and China (+4.1% per year).

Import Prices by Country

The average diode import price stood at $X per unit in 2021, rising by 39% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diode import price increased by +92.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 39%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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