Denmark: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Denmark

In 2022, the Danish market for non-domestic percolators and equipment for cooking or heating food increased by 26% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +5.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Denmark

In value terms, production of non-domestic percolators and equipment for cooking or heating food rose markedly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 23% against the previous year. Over the period under review, production of reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Denmark

In 2022, after two years of growth, there was significant decline in overseas shipments of non-domestic percolators and equipment for cooking or heating food, when their volume decreased by -18.3% to X units. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2013 when exports increased by 23%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food shrank modestly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 42%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units), the UK (X units) and Norway (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Denmark, with a combined 43% share of total exports. The Netherlands, France, Finland, the United States, Australia, Iceland, Poland, Germany, Faroe Islands and Saudi Arabia lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of +36.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Denmark were Sweden ($X), the UK ($X) and Norway ($X), together accounting for 43% of total exports. The Netherlands, France, Finland, the United States, Australia, Iceland, Poland, Germany, Faroe Islands and Saudi Arabia lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +42.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, jumping by 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per unit) and Iceland ($X per unit), while the average price for exports to Poland ($X per unit) and Faroe Islands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Denmark

In 2022, purchases abroad of non-domestic percolators and equipment for cooking or heating food increased by 58% to X units, rising for the second year in a row after two years of decline. In general, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food surged to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 30% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Switzerland (X units), Germany (X units) and Italy (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Denmark, with a combined 58% share of total imports. Sweden, the United States, the Netherlands, China, Belgium and the UK lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +23.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Italy ($X) were the largest non-domestic percolators and equipment for cooking or heating food suppliers to Denmark, together comprising 58% of total imports. Sweden, the United States, the Netherlands, China, Belgium and the UK lagged somewhat behind, together accounting for a further 35%.

In terms of the main suppliers, the United States, with a CAGR of +17.9%, saw 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 import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, reducing by -26.9% against the previous year. Overall, the import price saw a pronounced decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 51% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Switzerland ($X per unit) and Germany ($X per unit), while the price for the UK ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform