Denmark: Printing Press Market 2024

Printing Press Market Size in Denmark

In 2022, the Danish printing press market increased by 62% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +91.4% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Printing Press Production in Denmark

In value terms, printing press production shrank sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by 62%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Printing Press Exports

Exports from Denmark

Printing press exports from Denmark declined dramatically to X units in 2022, waning by -56.8% compared with the previous year. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 66%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing press exports dropped notably to $X in 2022. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 60%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for printing press exports from Denmark, with a 27% share of total exports. Moreover, printing press exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was taken by Norway (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.2% per year) and Norway (+6.9% per year).

In value terms, the largest markets for printing press exported from Denmark were the UK ($X), the United States ($X) and China ($X), with a combined 44% share of total exports. Austria, Germany, Mexico, Norway, Faroe Islands, Switzerland and Greenland lagged somewhat behind, together comprising a further 4.9%.

Among the main countries of destination, Faroe Islands, with a CAGR of +28.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average printing press export price amounted to $X per unit, rising by 73% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 127%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Greenland ($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 Croatia (+139.1%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Denmark

In 2022, approx. X units of printing presses were imported into Denmark; dropping by -21.5% compared with the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 97%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, printing press imports fell rapidly to $X in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 70%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest printing press supplier to Denmark, accounting for a 53% share of total imports. Moreover, printing press imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. The third position in this ranking was held by Belgium (X units), with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+18.7% per year) and Belgium (+14.1% per year).

In value terms, Germany ($X) constituted the largest supplier of printing presses to Denmark, comprising 29% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total imports. It was followed by the UK, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-13.4% per year) and the UK (+4.1% per year).

Import Prices by Country

The average printing press import price stood at $X per unit in 2022, waning by -3.8% against the previous year. In general, the import price saw a abrupt slump. The growth pace was the most rapid in 2017 an increase of 223% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+48.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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