Denmark: Test And Measurement Market 2025

Test And Measurement Market Size in Denmark

The Danish test and measurement market amounted to $X in 2021, surging by 3.2% against the previous year. In general, consumption, however, showed a buoyant increase. Test and measurement consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Test And Measurement Production in Denmark

In value terms, test and measurement production dropped to $X in 2021 estimated in export price. Overall, production recorded a remarkable increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 68% against the previous year. Test and measurement production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Test And Measurement Exports

Exports from Denmark

In 2021, test and measurement exports from Denmark rose rapidly to X units, growing by 7.5% on 2020. The total export volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when exports increased by 32% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, test and measurement exports reached $X in 2021. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.3% against 2014 indices. The pace of growth was the most pronounced in 2014 with an increase of 35% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Germany (X units), China (X units) and the United States (X units) were the main destinations of test and measurement exports from Denmark, together comprising 44% of total exports. Italy, South Korea, Sweden, Serbia, Russia, the UK, France, Poland, Belgium and Brazil lagged somewhat behind, together comprising a further 42%.

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 +143.5%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United States ($X) constituted the largest markets for test and measurement exported from Denmark worldwide, together comprising 39% of total exports. These countries were followed by Italy, South Korea, Russia, Sweden, the UK, France, Poland, Belgium, Serbia and Brazil, which together accounted for a further 36%.

Serbia, with a CAGR of +69.8%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average test and measurement export price stood at $X per unit in 2021, which is down by -5.7% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, test and measurement export price decreased by -16.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Serbia ($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 Poland (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Test And Measurement Imports

Imports into Denmark

In 2021, overseas purchases of instruments and apparatus for measuring or checking pressure of liquids or gasses decreased by -34.5% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 33% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, test and measurement imports reduced to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.8% against 2012 indices. The pace of growth appeared the most rapid in 2014 with an increase of 17% against the previous year. Imports peaked at $X in 2020, and then reduced in the following year.

Imports by Country

The UK (X units), China (X units) and Germany (X units) were the main suppliers of test and measurement imports to Denmark, together accounting for 79% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +26.7%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), China ($X) and the UK ($X) constituted the largest test and measurement suppliers to Denmark, with a combined 66% share of total imports.

Among the main suppliers, China, with a CAGR of +42.7%, saw 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 test and measurement import price amounted to $X per unit, jumping by 44% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Sweden ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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