Denmark: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Denmark

The Danish agricultural harvester market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Agricultural harvester consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Agricultural Harvester Production in Denmark

In value terms, agricultural harvester production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Agricultural Harvester Exports

Exports from Denmark

In 2022, overseas shipments of agricultural harvesters increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, agricultural harvester exports skyrocketed to $X in 2022. In general, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X units) was the main destination for agricultural harvester exports from Denmark, with a X% share of total exports. Moreover, agricultural harvester exports to Poland exceeded the volume sent to the second major destination, Lithuania (X units), twofold. The third position in this ranking was held by Germany (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Germany (X% per year).

In value terms, Poland ($X), Lithuania ($X) and Germany ($X) constituted the largest markets for agricultural harvester exported from Denmark worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded 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 agricultural harvester export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

Agricultural Harvester Imports

Imports into Denmark

In 2022, supplies from abroad of agricultural harvesters increased by X% to X units, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, agricultural harvester imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a resilient 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of agricultural harvester to Denmark, accounting for a X% share of total imports. Moreover, agricultural harvester imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was taken by France (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and France (X% per year).

In value terms, the largest agricultural harvester suppliers to Denmark were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands, France, Sweden, the UK and the United States lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest growth rate of 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

The average agricultural harvester import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for the United States ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :