Denmark: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Denmark

The Danish electric soldering iron market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption recorded buoyant growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Electric Soldering Iron Production in Denmark

In value terms, electric soldering iron production stood at $X in 2022 estimated in export price. In general, the total production indicated a strong expansion 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Electric Soldering Iron Exports

Exports from Denmark

In 2022, the amount of electric soldering irons and guns exported from Denmark plummeted to X units, declining by X% compared with 2021. Overall, exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, electric soldering iron exports shrank dramatically to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

China (X units) was the main destination for electric soldering iron exports from Denmark, with a X% share of total exports. Moreover, electric soldering iron exports to China exceeded the volume sent to the second major destination, Japan (X units), threefold. Norway (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Norway (X% per year).

In value terms, the largest markets for electric soldering iron exported from Denmark were China ($X), Japan ($X) and Norway ($X), with a combined X% share of total exports.

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 electric soldering iron export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to China ($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 the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Soldering Iron Imports

Imports into Denmark

In value terms, electric soldering iron imports shrank modestly to $X in 2022. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In value terms, Germany ($X), the Netherlands ($X) and China ($X) were the largest electric soldering iron suppliers to Denmark, with a combined X% share of total imports. Sweden, Switzerland, Spain, Belgium, Taiwan (Chinese), Austria and Japan lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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