Denmark: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in Denmark

In 2022, the Danish optical radiation instruments market decreased by -83.5% to $X, falling for the second consecutive year after four years of growth. In general, consumption continues to indicate a precipitous contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Optical Radiation Instruments Production in Denmark

In value terms, optical radiation instruments production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a strong expansion. The growth pace was the most rapid in 2015 when the production volume increased by 87%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Optical Radiation Instruments Exports

Exports from Denmark

After two years of growth, overseas shipments of instruments using optical radiations decreased by -30.7% to X units in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 159% against the previous year. As a result, the exports attained the peak of X units, and then dropped notably in the following year.

In value terms, optical radiation instruments exports fell slightly to $X in 2022. Over the period under review, exports, however, showed tangible growth. The growth pace was the most rapid in 2021 with an increase of 143% against the previous year. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

Poland (X units) was the main destination for optical radiation instruments exports from Denmark, with a 34% share of total exports. Moreover, optical radiation instruments exports to Poland exceeded the volume sent to the second major destination, China (X units), twofold. The third position in this ranking was held by the United States (X units), with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+7.2% per year) and the United States (-7.0% per year).

In value terms, the largest markets for optical radiation instruments exported from Denmark were Poland ($X), China ($X) and Japan ($X), with a combined 46% share of total exports. Germany, France, the United States, Italy, Belgium, Spain, the UK, Greenland, Saudi Arabia and India lagged somewhat behind, together comprising a further 34%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +25.1%, recorded the highest rates of growth with regard to 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

In 2022, the average optical radiation instruments export price amounted to $X per unit, jumping by 38% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Poland ($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 Greenland (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports

Imports into Denmark

In 2022, after four years of growth, there was significant decline in purchases abroad of instruments using optical radiations, when their volume decreased by -13.3% to X units. In general, imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2013 with an increase of 134% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, optical radiation instruments imports dropped to $X in 2022. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and China (X units) were the main suppliers of optical radiation instruments imports to Denmark, with a combined 62% share of total imports. France, Belgium, the United States, Sweden and the UK lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +26.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments using optical radiations to Denmark, comprising 28% of total imports. The second position in the ranking was held by the United States ($X), with a 13% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.4% per year) and the Netherlands (+5.9% per year).

Import Prices by Country

The average optical radiation instruments import price stood at $X per unit in 2022, increasing by 1.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 76%. 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.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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