Denmark: Pile-Driver Market 2024

Pile-Driver Market Size in Denmark

The Danish pile-driver market expanded rapidly to $X in 2021, increasing by 8.7% against the previous year. Overall, consumption recorded a significant expansion. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Pile-Driver Production in Denmark

In value terms, pile-driver production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Pile-driver production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Pile-Driver Exports

Exports from Denmark

In 2021, the amount of pile-drivers and pile-extractors exported from Denmark skyrocketed to X units, growing by 1,291% compared with the previous year. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pile-driver exports soared to $X in 2021. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 75,755% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Iceland (X units), Jordan (X units) and Norway (X units) were the main destinations of pile-driver exports from Denmark, with a combined 91% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +33.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iceland ($X) emerged as the key foreign market for pile-drivers and pile-extractors exports from Denmark, comprising 49% of total exports. The second position in the ranking was taken by Norway ($X), with a 22% share of total exports. It was followed by Greenland, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Iceland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-8.4% per year) and Greenland (0.0% per year).

Export Prices by Country

The average pile-driver export price stood at $X per unit in 2021, rising by 226% against the previous year. Overall, the export price, however, showed a significant contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 50,470%. As a result, the export price attained the peak level of $X per unit; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was Greenland ($X per unit), while the average price for exports to Jordan ($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 Norway (-31.5%).

Pile-Driver Imports

Imports into Denmark

Pile-driver imports into Denmark skyrocketed to X units in 2021, picking up by 224% on the previous year. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 2,290% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, pile-driver imports skyrocketed to $X in 2021. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 173% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Angola (X units) constituted the largest supplier of pile-driver to Denmark, accounting for a 62% share of total imports. Moreover, pile-driver imports from Angola exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Sweden (X units), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Angola was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+57.6% per year) and Sweden (+42.1% per year).

In value terms, Germany ($X) constituted the largest supplier of pile-drivers and pile-extractors to Denmark, comprising 35% of total imports. The second position in the ranking was taken by the UK ($X), with a 12% share of total imports. It was followed by Sweden, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +90.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-0.5% per year) and Sweden (+18.0% per year).

Import Prices by Country

The average pile-driver import price stood at $X per unit in 2021, reducing by -22% against the previous year. In general, the import price saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 780% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for Angola ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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