Denmark: Boiler Parts Market 2025

Boiler Parts Market Size in Denmark

In 2021, the Danish boiler parts market increased by 6.8% 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 +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Boiler Parts Production in Denmark

In value terms, boiler parts production soared to $X in 2021 estimated in export price. In general, production showed a pronounced decline. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Boiler Parts Exports

Exports from Denmark

In 2021, the amount of parts of boilers for central heating exported from Denmark skyrocketed to X tons, rising by 49% compared with 2020 figures. Overall, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 95% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, boiler parts exports surged to $X in 2021. In general, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 145%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for boiler parts exports from Denmark, accounting for a 68% share of total exports. Moreover, boiler parts exports to Norway exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. Sweden (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway amounted to +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.8% per year) and Sweden (-23.9% per year).

In value terms, Norway ($X) remains the key foreign market for parts of boilers for central heating exports from Denmark, comprising 54% of total exports. The second position in the ranking was held by Sweden ($X), with a 9.1% share of total exports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Norway stood at +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-15.7% per year) and France (-12.9% per year).

Export Prices by Country

The average boiler parts export price stood at $X per ton in 2021, rising by 11% against the previous year. In general, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, boiler parts export price decreased by -0.9% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 39%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to Norway ($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 France (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Boiler Parts Imports

Imports into Denmark

In 2021, after two years of decline, there was significant growth in overseas purchases of parts of boilers for central heating, when their volume increased by 85% to X tons. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, boiler parts imports soared to $X in 2021. Overall, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.3% against 2019 indices. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of boiler parts imports to Denmark, together comprising 64% of total imports. The Netherlands, Italy, Sweden, Slovenia, the Czech Republic, Austria, France, Bulgaria and Turkey lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +30.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Netherlands ($X) were the largest boiler parts suppliers to Denmark, together accounting for 54% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +30.1%, 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

The average boiler parts import price stood at $X per ton in 2021, reducing by -15% against the previous year. Over the period under review, the import price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2016 an increase of 32%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained 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 Germany ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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