Denmark: Lawn Mower Market 2024

Lawn Mower Market Size in Denmark

In 2022, the Danish lawn mower market decreased by -8.7% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +54.3% against 2019 indices. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Lawn Mower Production in Denmark

In value terms, lawn mower production dropped remarkably to $X in 2022 estimated in export price. In general, production saw a dramatic descent. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Lawn Mower Exports

Exports from Denmark

In 2022, overseas shipments of mowers for lawns, parks, golf courses or sports grounds decreased by -8% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of 47% against the previous year. Over the period under review, the exports attained the maximum at X units in 2021, and then dropped in the following year.

In value terms, lawn mower exports reduced slightly to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2015 when exports increased by 57% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

Sweden (X units) was the main destination for lawn mower exports from Denmark, with a 38% share of total exports. Moreover, lawn mower exports to Sweden exceeded the volume sent to the second major destination, Germany (X units), twofold. Finland (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+19.1% per year) and Finland (+25.7% per year).

In value terms, Sweden ($X) remains the key foreign market for mowers for lawns, parks, golf courses or sports grounds exports from Denmark, comprising 38% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by Norway, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+18.4% per year) and Norway (+5.9% per year).

Export Prices by Country

In 2022, the average lawn mower export price amounted to $X per unit, increasing by 6.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 34%. The export price peaked at $X per unit in 2015; however, from 2016 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 ($X per unit), while the average price for exports to Iceland ($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 Poland (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Denmark

After two years of growth, overseas purchases of mowers for lawns, parks, golf courses or sports grounds decreased by -1.8% to X units in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% 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 +49.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of X units, and then fell modestly in the following year.

In value terms, lawn mower imports contracted to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 +59.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Sweden (X units), China (X units) and Germany (X units) were the main suppliers of lawn mower imports to Denmark, together comprising 77% of total imports. Poland, the United States, France and Austria lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +115.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lawn mower suppliers to Denmark were Sweden ($X), Germany ($X) and China ($X), together comprising 79% of total imports. The United States, Poland, France and Austria lagged somewhat behind, together comprising a further 15%.

Poland, with a CAGR of +92.6%, recorded the highest growth rate of the value of imports, among the main suppliers 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 lawn mower import price amounted to $X per unit, which is down by -8.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 16%. The import price peaked at $X per unit in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform