Denmark: Isolating Switch Market 2025

Isolating Switch Market Size in Denmark

The Danish isolating switch market soared to $X in 2022, picking up by 30% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Isolating Switch Production in Denmark

In value terms, isolating switch production amounted to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 1,979,716% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Isolating Switch Exports

Exports from Denmark

Isolating switch exports from Denmark contracted to X units in 2022, declining by -11.7% compared with the year before. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 190% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, isolating switch exports expanded sharply to $X in 2022. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 134%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for isolating switch exports from Denmark, accounting for a 38% share of total exports. Moreover, isolating switch exports to the Netherlands exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), threefold. South Korea (X units) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +48.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+320.6% per year) and South Korea (-29.7% per year).

In value terms, Taiwan (Chinese) ($X), the Netherlands ($X) and Norway ($X) were the largest markets for isolating switch exported from Denmark worldwide, with a combined 47% share of total exports.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of +272.1%, 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 isolating switch export price amounted to $X per unit, growing by 23% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2019 an increase of 59%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Finland ($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 Germany (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Isolating Switch Imports

Imports into Denmark

In 2022, supplies from abroad of isolating switches & make-and-break switches increased by 27% to X units, rising for the second consecutive year after four years of decline. Overall, imports showed a notable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 217% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, isolating switch imports surged to $X in 2022. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 371%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units), Switzerland (X units) and Bulgaria (X units) were the main suppliers of isolating switch imports to Denmark, together comprising 61% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +274.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Switzerland ($X) and Italy ($X) constituted the largest isolating switch suppliers to Denmark, with a combined 69% share of total imports.

In terms of the main suppliers, Japan, with a CAGR of +182.0%, saw 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

The average isolating switch import price stood at $X per unit in 2022, picking up by 3.1% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, isolating switch import price decreased by -14.2% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 52% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 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 Spain ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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