Denmark: Stone Polishing Machine Market 2024

Stone Polishing Machine Market Size in Denmark

The Danish stone polishing machine market fell remarkably to $X in 2022, dropping by -24.4% against the previous year. Over the period under review, consumption showed a abrupt decline. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Stone Polishing Machine Production in Denmark

In value terms, stone polishing machine production shrank remarkably to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 316% against the previous year. Stone polishing machine production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Stone Polishing Machine Exports

Exports from Denmark

In 2022, overseas shipments of grinding or polishing machines for working stone, ceramics and concrete were finally on the rise to reach X units after two years of decline. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stone polishing machine exports soared to $X in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units), the UK (X units) and Sweden (X units) were the main destinations of stone polishing machine exports from Denmark, together accounting for 39% of total exports. France, the Netherlands, Germany, Finland, Austria, Spain, Belgium, Greenland, Romania and Russia lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +180.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for grinding or polishing machines for working stone, ceramics and concrete exports from Denmark, comprising 21% of total exports. The second position in the ranking was taken by Greenland ($X), with a 9.7% share of total exports. It was followed by France, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +36.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (+38.4% per year) and France (+29.4% per year).

Export Prices by Country

In 2022, the average stone polishing machine export price amounted to $X per unit, shrinking by -53.9% against the previous year. In general, the export price, however, saw a mild increase. The most prominent rate of growth was recorded in 2016 an increase of 352%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($X per unit), while the average price for exports to Russia ($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 Germany (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Polishing Machine Imports

Imports into Denmark

Stone polishing machine imports into Denmark skyrocketed to X units in 2022, picking up by 45% against the year before. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 286% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, stone polishing machine imports contracted modestly to $X in 2022. Over the period under review, imports saw a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 220%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Spain (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of stone polishing machine imports to Denmark, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +58.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of grinding or polishing machines for working stone, ceramics and concrete to Denmark, comprising 62% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+36.0% per year) and Spain (+59.1% per year).

Import Prices by Country

The average stone polishing machine import price stood at $X per unit in 2022, declining by -34.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 80% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, 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 Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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