Denmark: Market for Manicure Or Pedicure Sets And Instruments 2024

Market Size for Manicure Or Pedicure Sets And Instruments in Denmark

In 2022, the Danish manicure or pedicure sets market decreased by -26.3% to $X, falling for the second year in a row after two years of growth. Overall, consumption continues to indicate a abrupt downturn. Manicure or pedicure sets consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Manicure Or Pedicure Sets And Instruments in Denmark

In value terms, manicure or pedicure sets production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic decline. The pace of growth was the most pronounced in 2019 with an increase of 447%. Manicure or pedicure sets production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Manicure Or Pedicure Sets And Instruments

Exports from Denmark

In 2022, the amount of manicure or pedicure sets and instruments exported from Denmark soared to X units, growing by 52% on 2021 figures. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 62%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, manicure or pedicure sets exports soared to $X in 2022. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Norway (X units), Sweden (X units) and France (X units) were the main destinations of manicure or pedicure sets exports from Denmark, together comprising 72% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +60.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and France ($X) constituted the largest markets for manicure or pedicure sets exported from Denmark worldwide, together comprising 72% of total exports.

Among the main countries of destination, France, with a CAGR of +45.1%, recorded the highest growth rate of 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 manicure or pedicure sets export price stood at $X per unit in 2022, declining by -12.8% against the previous year. Over the period under review, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.2%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the 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 ($X per unit), while the average price for exports to Germany ($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 Spain (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Sets And Instruments

Imports into Denmark

In 2022, the amount of manicure or pedicure sets and instruments imported into Denmark surged to X units, growing by 20% on 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 35%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, manicure or pedicure sets imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by 52% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of manicure or pedicure sets to Denmark, accounting for a 60% share of total imports. Moreover, manicure or pedicure sets imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.4% per year) and Taiwan (Chinese) (+30.5% per year).

In value terms, China ($X), Germany ($X) and France ($X) constituted the largest manicure or pedicure sets suppliers to Denmark, together comprising 73% of total imports. Taiwan (Chinese), Sweden, the Netherlands and India lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of +32.3%, 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

The average manicure or pedicure sets import price stood at $X per unit in 2022, which is down by -10.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2013 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :