Denmark: Magnetic Media Market 2024

Magnetic Media Market Size in Denmark

The Danish magnetic media market surged to $X in 2021, increasing by 38% against the previous year. Over the period under review, consumption, however, saw a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Magnetic Media Production in Denmark

In value terms, magnetic media production soared to $X in 2021 estimated in export price. Overall, production showed buoyant growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 296% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Magnetic Media Exports

Exports from Denmark

In 2021, magnetic media exports from Denmark surged to X units, picking up by 78% against the previous year's figure. Over the period under review, exports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2020 with an increase of 111% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, magnetic media exports soared to $X in 2021. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for magnetic media exports from Denmark, accounting for a 52% share of total exports. Moreover, magnetic media exports to Sweden exceeded the volume sent to the second major destination, Norway (X units), sixfold. The third position in this ranking was taken by Finland (X units), with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +35.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-21.5% per year) and Finland (+34.7% per year).

In value terms, Sweden ($X) remains the key foreign market for magnetic media, not recorded, except cards with a magnetic stripe exports from Denmark, comprising 27% of total exports. The second position in the ranking was held by Norway ($X), with a 13% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-22.6% per year) and Germany (+33.2% per year).

Export Prices by Country

In 2021, the average magnetic media export price amounted to $X per unit, with a decrease of -34.2% against the previous year. Overall, the export price showed a pronounced decline. The growth pace was the most rapid in 2015 an increase of 45%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Australia ($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 Germany (+6.1%), while the prices for the other major destinations experienced a decline.

Magnetic Media Imports

Imports into Denmark

Magnetic media imports into Denmark soared to X units in 2021, jumping by 15% on the year before. In general, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 43%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, magnetic media imports expanded rapidly to $X in 2021. Overall, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X units) constituted the largest magnetic media supplier to Denmark, with a 46% share of total imports. Moreover, magnetic media imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. The third position in this ranking was held by the United States (X units), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +22.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-3.7% per year) and the United States (+7.8% per year).

In value terms, France ($X) constituted the largest supplier of magnetic media, not recorded, except cards with a magnetic stripe to Denmark, comprising 44% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 21% share of total imports. It was followed by Japan, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-4.2% per year) and Japan (+3.3% per year).

Import Prices by Country

The average magnetic media import price stood at $X per unit in 2021, reducing by -5.8% against the previous year. Overall, the import price, however, saw strong growth. The growth pace was the most rapid in 2014 when the average import price increased by 179% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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