Denmark: Mounted Piezo-Electric Crystals Market 2025

Mounted Piezo-Electric Crystals Market Size in Denmark

The Danish mounted piezo-electric crystals market surged to $X in 2021, rising by 38% against the previous year. Over the period under review, consumption posted a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Mounted Piezo-Electric Crystals Production in Denmark

In value terms, mounted piezo-electric crystals production soared to $X in 2021 estimated in export price. Over the period under review, production posted a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Mounted Piezo-Electric Crystals Exports

Exports from Denmark

In 2021, approx. X units of mounted piezo-electric crystals were exported from Denmark; surging by 30% compared with the previous year's figure. In general, exports showed a pronounced increase. The pace of growth was the most pronounced in 2019 with an increase of 269% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mounted piezo-electric crystals exports soared to $X in 2021. Overall, exports recorded buoyant growth. The pace of growth was the most pronounced in 2019 when exports increased by 92% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Poland (X units) and Hong Kong SAR (X units) were the main destinations of mounted piezo-electric crystals exports from Denmark, together comprising 58% of total exports. Norway, Thailand, France, Sweden, Taiwan (Chinese), China and the Czech Republic lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +91.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for mounted piezo-electric crystals exports from Denmark, comprising 50% of total exports. The second position in the ranking was held by Poland ($X), with a 16% share of total exports. It was followed by Hong Kong SAR, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +69.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+53.9% per year) and Hong Kong SAR (+6.6% per year).

Export Prices by Country

In 2021, the average mounted piezo-electric crystals export price amounted to $X per unit, falling by -5.9% against the previous year. In general, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 122%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic (less than $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 France (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Piezo-Electric Crystals Imports

Imports into Denmark

In 2021, overseas purchases of mounted piezo-electric crystals increased by 74% to X units, rising for the third consecutive year after three years of decline. Over the period under review, imports recorded a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mounted piezo-electric crystals imports soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +53.0% against 2018 indices. The growth pace was the most rapid in 2015 with an increase of 36%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of mounted piezo-electric crystals to Denmark, accounting for a 65% share of total imports. Moreover, mounted piezo-electric crystals imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by China (X units), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +42.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and China (+19.7% per year).

In value terms, Germany ($X), China ($X) and the Netherlands ($X) were the largest mounted piezo-electric crystals suppliers to Denmark, with a combined 82% share of total imports.

In terms of the main suppliers, China, with a CAGR of +33.4%, recorded the highest growth rate of 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 mounted piezo-electric crystals import price stood at $X per thousand units in 2021, dropping by -31.8% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2013 an increase of 39% against the previous year. As a result, import price attained the peak level of $X per thousand units. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per thousand units), while the price for the Netherlands ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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