Denmark: Mechanical Stoker Market 2024

Mechanical Stoker Market Size in Denmark

In 2022, the Danish mechanical stoker market decreased by -37.1% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a buoyant expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell remarkably in the following year.

Mechanical Stoker Production in Denmark

In value terms, mechanical stoker production contracted rapidly to $X in 2022 estimated in export price. In general, production recorded a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 22% against the previous year. Mechanical stoker production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Mechanical Stoker Exports

Exports from Denmark

After two years of decline, shipments abroad of mechanical stokers increased by 65% to X tons in 2022. Overall, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 222%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, mechanical stoker exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 411%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for mechanical stoker exports from Denmark, accounting for a 58% share of total exports. Moreover, mechanical stoker exports to China exceeded the volume sent to the second major destination, Lithuania (X tons), sixfold. New Zealand (X tons) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at -21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-6.7% per year) and New Zealand (0.0% per year).

In value terms, China ($X) emerged as the key foreign market for mechanical stokers exports from Denmark, comprising 72% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 8.6% share of total exports. It was followed by Lithuania, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China totaled -26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (0.0% per year) and Lithuania (-12.9% per year).

Export Prices by Country

In 2022, the average mechanical stoker export price amounted to $X per ton, rising by 11% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 59%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mechanical Stoker Imports

Imports into Denmark

In 2022, overseas purchases of mechanical stokers increased by 52% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, mechanical stoker imports soared to $X in 2022. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Finland (X tons) and Germany (X tons) were the main suppliers of mechanical stoker imports to Denmark, together comprising 83% of total imports. Italy, Saudi Arabia, the UK and Poland lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +252.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constituted the largest supplier of mechanical stokers to Denmark, comprising 58% of total imports. The second position in the ranking was held by Finland ($X), with a 22% share of total imports. It was followed by Italy, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Saudi Arabia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (0.0% per year) and Italy (+175.6% per year).

Import Prices by Country

In 2022, the average mechanical stoker import price amounted to $X per ton, increasing by 510% against the previous year. Over the period under review, the import price showed a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :