Denmark: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Denmark

For the fourth consecutive year, the Danish industrial brewery machinery market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Industrial Brewery Machinery Production in Denmark

In value terms, industrial brewery machinery production skyrocketed to $X in 2022 estimated in export price. Overall, production recorded significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Industrial Brewery Machinery Exports

Exports from Denmark

In 2022, overseas shipments of industrial brewery machinery increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, industrial brewery machinery exports contracted significantly to $X in 2022. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Canada (X units) and Faroe Islands (X units) were the main destinations of industrial brewery machinery exports from Denmark, with a combined X% share of total exports. Moreover, industrial brewery machinery exports in the United States exceeded the figures recorded by the second-largest exporter, Canada, twofold.

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

In value terms, the United States ($X) remains the key foreign market for industrial brewery machinery exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Cameroon, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Cameroon (X% per year).

Export Prices by Country

In 2022, the average industrial brewery machinery export price amounted to $X per unit, falling by X% against the previous year. Overall, the export price, however, showed a pronounced increase. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then dropped remarkably in the following year.

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

Industrial Brewery Machinery Imports

Imports into Denmark

In 2022, purchases abroad of industrial brewery machinery decreased by X% to X units, falling for the third year in a row after five years of growth. Overall, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, industrial brewery machinery imports shrank rapidly to $X in 2022. In general, imports showed a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Iceland (X units) were the main suppliers of industrial brewery machinery imports to Denmark, with a combined X% share of total imports. Moreover, industrial brewery machinery imports in China exceeded the figures recorded by the second-largest supplier, Germany, twofold.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial brewery machinery suppliers to Denmark were Germany ($X), China ($X) and Belgium ($X), with a combined X% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average industrial brewery machinery import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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