Denmark: Motor Grader Market 2024

Motor Grader Market Size in Denmark

The Danish motor grader market amounted to $X in 2022, rising by 2.9% against the previous year. In general, consumption, however, recorded a abrupt setback. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Motor Grader Production in Denmark

In value terms, motor grader production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 254,119,600%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Motor Grader Exports

Exports from Denmark

In 2022, overseas shipments of motor graders and levellers decreased by 0% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 300%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor grader exports fell rapidly to $X in 2022. In general, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 773%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units), Vietnam (X units) and Estonia (X units) were the main destinations of motor grader exports from Denmark, together accounting for 67% of total exports. The United States, Iceland, Norway and Faroe Islands lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), the UK ($X) and Iceland ($X) appeared to be the largest markets for motor grader exported from Denmark worldwide, with a combined 89% share of total exports. Estonia, the United States, Norway and Faroe Islands lagged somewhat behind, together comprising a further 11%.

Among the main countries of destination, Estonia, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average motor grader export price amounted to $X per unit, falling by -72.7% against the previous year. In general, the export price saw a dramatic decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 212% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 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 Vietnam ($X per unit), while the average price for exports to Faroe Islands ($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 Greenland (+8.5%), while the prices for the other major destinations experienced a decline.

Motor Grader Imports

Imports into Denmark

In 2022, approx. X units of motor graders and levellers were imported into Denmark; shrinking by -33.3% against 2021. Over the period under review, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 467%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, motor grader imports dropped significantly to $X in 2022. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 489%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Switzerland (X units), Indonesia (X units) and Germany (X units) were the main suppliers of motor grader imports to Denmark, together accounting for 67% of total imports. Moreover, motor grader imports in Switzerland exceeded the figures recorded by the second-largest supplier, Indonesia, twofold.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +58.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of motor graders and levellers to Denmark, comprising 66% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 28% share of total imports. It was followed by the Czech Republic, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (0.0% per year) and the Czech Republic (0.0% per year).

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, reducing by -11% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 96% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+80.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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