Denmark: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Denmark

The Danish market for machine-tools for working stone, ceramics, and concrete surged to $X in 2022, rising by 45% against the previous year. Over the period under review, consumption, however, recorded a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Denmark

In value terms, machine tools for working stone production contracted slightly to $X in 2022 estimated in export price. In general, production showed a abrupt setback. The pace of growth was the most pronounced in 2013 when the production volume increased by 11%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Denmark

In 2022, machine tools for working stone exports from Denmark dropped notably to X units, with a decrease of -19.5% on the previous year. Overall, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 77%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, machine tools for working stone exports fell to $X in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 266% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X units), Greenland (X units) and Sweden (X units) were the main destinations of machine tools for working stone exports from Denmark, with a combined 82% share of total exports. China, Finland, Iceland, the United States and Qatar lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +45.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Greenland ($X) and the United States ($X) were the largest markets for machine tools for working stone exported from Denmark worldwide, together comprising 71% of total exports.

Among the main countries of destination, the United States, with a CAGR of +46.5%, 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

The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, growing by 13% against the previous year. In general, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 286%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Finland ($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 Colombia (+487.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Denmark

In 2022, approx. X units of machine-tools for working stone, ceramics, and concrete were imported into Denmark; jumping by 70% against the previous year. Overall, imports saw a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 156%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, machine tools for working stone imports soared to $X in 2022. In general, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 89% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of machine tools for working stone imports to Denmark, with a combined 71% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +56.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machine tools for working stone suppliers to Denmark were Germany ($X), Italy ($X) and Sweden ($X), together comprising 76% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +56.9%, 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

The average import price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, dropping by -11.3% against the previous year. Overall, the import price recorded a mild curtailment. The pace of growth was the most pronounced in 2019 an increase of 40%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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