Denmark: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Denmark

The Danish non-numerically controlled sharpening machine market surged to $X in 2022, jumping by 67% against the previous year. In general, consumption recorded prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Denmark

In value terms, non-numerically controlled sharpening machine production reduced to $X in 2022 estimated in export price. In general, production, however, saw a abrupt decline. The growth pace was the most rapid in 2013 when the production volume increased by 12%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Denmark

In 2022, overseas shipments of non-numerically controlled sharpening machines for working metal decreased by -17% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 36% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-numerically controlled sharpening machine exports expanded to $X in 2022. Overall, exports continue to indicate a mild downturn. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units), Norway (X units) and Germany (X units) were the main destinations of non-numerically controlled sharpening machine exports from Denmark, with a combined 48% share of total exports. The Netherlands, Ireland, China, Mexico, the UK, the United States, Finland, Japan, Poland and Belgium lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +39.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-numerically controlled sharpening machine exported from Denmark were the United States ($X), China ($X) and Mexico ($X), together accounting for 42% of total exports.

In terms of the main countries of destination, Mexico, with a CAGR of +37.3%, saw the highest rates of growth with regard to 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 non-numerically controlled sharpening machine export price stood at $X per unit in 2022, rising by 25% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 61%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Ireland ($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 Finland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Denmark

Non-numerically controlled sharpening machine imports into Denmark surged to X units in 2022, increasing by 20% on the previous year's figure. In general, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.3% 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 +57.9% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-numerically controlled sharpening machine imports declined notably to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 35%. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

China (X units), Germany (X units) and Sweden (X units) were the main suppliers of non-numerically controlled sharpening machine imports to Denmark, with a combined 77% share of total imports. France, the Netherlands, Poland and Bulgaria lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +84.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and the Netherlands ($X) appeared to be the largest non-numerically controlled sharpening machine suppliers to Denmark, with a combined 66% share of total imports. Sweden, Germany, France and Bulgaria lagged somewhat behind, together comprising a further 22%.

In terms of the main suppliers, France, with a CAGR of +48.1%, recorded the highest rates of growth with regard to 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

In 2022, the average non-numerically controlled sharpening machine import price amounted to $X per unit, which is down by -45.4% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 an increase of 47% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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