Denmark: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Denmark

In 2021, the Danish respiration apparatus market decreased by -24.5% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, continues to indicate prominent growth. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Respiration Apparatus Production in Denmark

In value terms, respiration apparatus production dropped to $X in 2021 estimated in export price. In general, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. Respiration apparatus production peaked at $X in 2020, and then reduced in the following year.

Respiration Apparatus Exports

Exports from Denmark

In 2021, overseas shipments of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus increased by 167% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports continue to indicate a moderate expansion. The growth pace was the most rapid in 2020 with an increase of 615% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, respiration apparatus exports soared to $X in 2021. In general, exports saw a tangible expansion. The pace of growth was the most pronounced in 2020 when exports increased by 498% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for respiration apparatus exports from Denmark, with a 72% share of total exports. Moreover, respiration apparatus exports to Sweden exceeded the volume sent to the second major destination, Finland (X tons), threefold. The third position in this ranking was taken by Norway (X tons), with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +56.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+29.9% per year) and Norway (+4.3% per year).

In value terms, Sweden ($X) remains the key foreign market for respiration apparatus exports from Denmark, comprising 63% of total exports. The second position in the ranking was taken by Finland ($X), with a 20% share of total exports. It was followed by Norway, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to +52.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+44.3% per year) and Norway (+16.5% per year).

Export Prices by Country

The average respiration apparatus export price stood at $X per ton in 2021, dropping by -42.4% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 88% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into Denmark

Respiration apparatus imports into Denmark surged to X tons in 2021, with an increase of 72% on 2020 figures. Overall, imports showed a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 228% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, respiration apparatus imports contracted notably to $X in 2021. In general, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 132% against the previous year. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

Germany (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of respiration apparatus imports to Denmark, with a combined 77% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +61.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Sweden ($X) were the largest respiration apparatus suppliers to Denmark, with a combined 77% share of total imports.

Germany, with a CAGR of +44.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average respiration apparatus import price stood at $X per ton in 2021, with a decrease of -51% against the previous year. Over the period under review, the import price saw a mild decrease. The pace of growth appeared the most rapid in 2013 an increase of 142% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-4.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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