Denmark: Mobile Lifting Frame Market 2024

Mobile Lifting Frame Market Size in Denmark

In 2021, the Danish mobile lifting frame market decreased by -63% to $X, falling for the sixth year in a row after two years of growth. Over the period under review, consumption showed a abrupt decline. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Mobile Lifting Frame Production in Denmark

In value terms, mobile lifting frame production contracted notably to $X in 2021 estimated in export price. In general, production, however, recorded a sharp curtailment. The growth pace was the most rapid in 2015 when the production volume increased by 61% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Mobile Lifting Frame Exports

Exports from Denmark

In 2021, shipments abroad of mobile lifting frames on tyres and straddle carriers increased by 79% to X units, rising for the second year in a row after two years of decline. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,205% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, mobile lifting frame exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,191%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Greenland (X units), Sweden (X units) and Spain (X units) were the main destinations of mobile lifting frame exports from Denmark, together comprising 68% of total exports. These countries were followed by Germany, France, the Netherlands, Poland, Norway and India, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +137.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) emerged as the key foreign market for mobile lifting frames on tyres and straddle carriers exports from Denmark, comprising 39% of total exports. The second position in the ranking was held by France ($X), with a 12% share of total exports. It was followed by Greenland, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at +111.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+136.5% per year) and Greenland (+99.1% per year).

Export Prices by Country

In 2021, the average mobile lifting frame export price amounted to $X per unit, growing by 5.2% against the previous year. In general, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 272% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($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 Egypt (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Lifting Frame Imports

Imports into Denmark

Mobile lifting frame imports into Denmark reduced notably to X units in 2021, falling by -50.6% against 2020. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 210% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, mobile lifting frame imports reduced markedly to $X in 2021. Overall, imports continue to indicate a mild downturn. The growth pace was the most rapid in 2014 with an increase of 421% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Sweden (X units) constituted the largest supplier of mobile lifting frame to Denmark, accounting for a 85% share of total imports. Moreover, mobile lifting frame imports from Sweden exceeded the figures recorded by the second-largest supplier, Norway (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+17.6% per year) and Italy (-11.2% per year).

In value terms, Sweden ($X) constituted the largest supplier of mobile lifting frames on tyres and straddle carriers to Denmark, comprising 74% of total imports. The second position in the ranking was taken by Italy ($X), with a 12% share of total imports. It was followed by Germany, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.7% per year) and Germany (+34.3% per year).

Import Prices by Country

The average mobile lifting frame import price stood at $X per unit in 2021, waning by -4.4% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mobile lifting frame import price decreased by -8.0% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 68%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Norway ($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 (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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