Denmark: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Denmark

In 2021, the Danish horizontal machining centre market increased by 28% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw a noticeable increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Horizontal Machining Centre Production in Denmark

In value terms, horizontal machining centre production surged to $X in 2021 estimated in export price. In general, production enjoyed a measured increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 131% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Horizontal Machining Centre Exports

Exports from Denmark

In 2021, approx. X units of horizontal machining centres for working metal were exported from Denmark; picking up by 88% compared with 2020. In general, exports recorded a moderate increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,979%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, horizontal machining centre exports skyrocketed to $X in 2021. Overall, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of 641% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for horizontal machining centre exports from Denmark, with a 45% share of total exports. Moreover, horizontal machining centre exports to Turkey exceeded the volume sent to the second major destination, Iran (X units), twofold. The third position in this ranking was held by China (X units), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey totaled +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+36.1% per year) and China (+33.0% per year).

In value terms, the largest markets for horizontal machining centre exported from Denmark were China ($X), Turkey ($X) and Egypt ($X), together accounting for 94% of total exports.

Egypt, with a CAGR of +211.5%, recorded the highest rates of growth with regard to the value of exports, among 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 2021, the average horizontal machining centre export price amounted to $X per unit, picking up by 205% against the previous year. In general, the export price saw a strong expansion. The growth pace was the most rapid in 2016 when the average export price increased by 317% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average 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 China ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+309.5%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports

Imports into Denmark

In 2021, supplies from abroad of horizontal machining centres for working metal increased by 28% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, imports saw a measured expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 279%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, horizontal machining centre imports expanded rapidly to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 118% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X units), Germany (X units) and Japan (X units) were the main suppliers of horizontal machining centre imports to Denmark, with a combined 80% share of total imports. These countries were followed by Sweden, Norway, India, Austria, France, South Korea and Italy, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Taiwan (Chinese) ($X) and Japan ($X) were the largest horizontal machining centre suppliers to Denmark, with a combined 84% share of total imports. South Korea, Sweden, Austria, Italy, India, Norway and France lagged somewhat behind, together comprising a further 14%.

Among the main suppliers, India, with a CAGR of +83.6%, recorded the highest rates of growth with regard to the value of imports, 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 horizontal machining centre import price amounted to $X per unit, dropping by -12.6% against the previous year. In general, the import price showed a perceptible shrinkage. The growth pace was the most rapid in 2016 an increase of 593% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+60.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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