Denmark: Electronic Chip Market 2025

Electronic Chip Market Size in Denmark

The Danish electronic chip market totaled $X in 2021, picking up by 7.7% against the previous year. Overall, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +88.0% against 2019 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Electronic Chip Production in Denmark

In value terms, electronic chip production reduced dramatically to $X in 2021 estimated in export price. Overall, production recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by 14% against the previous year. Electronic chip production peaked at $X in 2020, and then shrank sharply in the following year.

Electronic Chip Exports

Exports from Denmark

Electronic chip exports from Denmark amounted to X units in 2021, increasing by 4.6% on the previous year. Over the period under review, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2014 when exports increased by 62%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic chip exports soared to $X in 2021. In general, exports saw a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 42%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

France (X units), Hungary (X units) and Mexico (X units) were the main destinations of electronic chip exports from Denmark, with a combined 72% share of total exports. These countries were followed by Serbia, Germany, Poland, the United States and Thailand, which together accounted for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia (with a CAGR of +153.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Mexico ($X) appeared to be the largest markets for electronic chip exported from Denmark worldwide, with a combined 39% share of total exports. These countries were followed by Serbia, Poland, Hungary, the United States and Thailand, which together accounted for a further 31%.

In terms of the main countries of destination, Serbia, with a CAGR of +135.9%, saw 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

The average electronic chip export price stood at $X per thousand units in 2021, with an increase of 30% against the previous year. In general, the export price, however, saw a drastic downturn. The export price peaked at $X per thousand units in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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 Thailand ($X per thousand units), while the average price for exports to Hungary ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into Denmark

In 2021, approx. X units of electronic chips were imported into Denmark; increasing by 4.1% compared with the year before. Overall, imports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2016 when imports increased by 22%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic chip imports skyrocketed to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.2% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest electronic chip supplier to Denmark, accounting for a 36% share of total imports. Moreover, electronic chip imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+22.2% per year) and the Netherlands (+4.3% per year).

In value terms, the largest electronic chip suppliers to Denmark were the Netherlands ($X), Germany ($X) and China ($X), together comprising 56% of total imports.

China, with a CAGR of +33.5%, 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.

Import Prices by Country

In 2021, the average electronic chip import price amounted to $X per unit, jumping by 35% against the previous year. Overall, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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