Denmark: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in Denmark

The Danish multi-station transfer machine market dropped sharply to $X in 2021, waning by -91.1% against the previous year. Overall, consumption recorded a sharp decline. Multi-station transfer machine consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Multi-Station Transfer Machine Production in Denmark

In value terms, multi-station transfer machine production dropped rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a deep contraction. The growth pace was the most rapid in 2018 with an increase of 630% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Multi-Station Transfer Machine Exports

Exports from Denmark

In 2021, approx. X units of multi-station transfer machines for working metal were exported from Denmark; increasing by 1,800% against the previous year's figure. In general, exports continue to indicate a significant increase. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, multi-station transfer machine exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 1,301% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X units) was the main destination for multi-station transfer machine exports from Denmark, with a 92% share of total exports. Moreover, multi-station transfer machine exports to Norway exceeded the volume sent to the second major destination, France (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Norway stood at +491.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and the UK (-20.6% per year).

In value terms, the largest markets for multi-station transfer machine exported from Denmark were Norway ($X), France ($X) and the UK ($X).

Among the main countries of destination, Norway, with a CAGR of +123.6%, 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

The average multi-station transfer machine export price stood at $X per unit in 2021, dropping by -90.4% against the previous year. Overall, the export price showed a significant contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 211%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK ($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 Hungary (+182.0%), while the prices for the other major destinations experienced mixed trend patterns.

Multi-Station Transfer Machine Imports

Imports into Denmark

In 2021, purchases abroad of multi-station transfer machines for working metal increased by 100% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a noticeable contraction. The growth pace was the most rapid in 2016 with an increase of 463% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, multi-station transfer machine imports shrank dramatically to $X in 2021. Over the period under review, imports, however, saw a dramatic setback. The pace of growth appeared the most rapid in 2016 when imports increased by 517%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Norway (X units) constituted the largest supplier of multi-station transfer machine to Denmark, with a 66% share of total imports. Moreover, multi-station transfer machine imports from Norway exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. Russia (X units) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from Norway stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (0.0% per year) and Russia (0.0% per year).

In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of multi-station transfer machines for working metal to Denmark, comprising 59% of total imports. The second position in the ranking was taken by Norway ($X), with a 25% share of total imports. It was followed by the UK, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Bosnia and Herzegovina was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-38.1% per year) and the UK (0.0% per year).

Import Prices by Country

In 2021, the average multi-station transfer machine import price amounted to $X per unit, which is down by -64.3% against the previous year. Overall, the import price saw a precipitous curtailment. The most prominent rate of growth was recorded in 2020 an increase of 17%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 Italy ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+48.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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