Denmark: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Denmark

In 2021, the Danish liquid dispensing pump market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption enjoyed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Liquid Dispensing Pump Production in Denmark

In value terms, liquid dispensing pump production fell notably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2020 when the production volume increased by 2,291% against the previous year. Liquid dispensing pump production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Liquid Dispensing Pump Exports

Exports from Denmark

In 2021, the amount of pumps for dispensing liquids exported from Denmark rose remarkably to X units, increasing by 10% on 2020 figures. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 399%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, liquid dispensing pump exports expanded markedly to $X in 2021. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 92%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X units), China (X units) and Germany (X units) were the main destinations of liquid dispensing pump exports from Denmark, together comprising 46% of total exports. Norway, Singapore, the UK, South Korea, Australia, Mexico, Panama, Colombia, the Netherlands and the United Arab Emirates lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +144.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for liquid dispensing pump exported from Denmark were China ($X), Germany ($X) and the United States ($X), together comprising 34% of total exports. Singapore, Norway, the Netherlands, the UK, South Korea, Australia, Panama, Mexico, Colombia and the United Arab Emirates lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, the Netherlands, with a CAGR of +131.4%, recorded 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

In 2021, the average liquid dispensing pump export price amounted to $X per unit, waning by -1.8% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The pace of growth was the most pronounced in 2015 an increase of 63%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the United Arab Emirates ($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 Singapore (+7.0%), while the prices for the other major destinations experienced a decline.

Liquid Dispensing Pump Imports

Imports into Denmark

In 2021, after two years of decline, there was significant growth in purchases abroad of pumps for dispensing liquids, when their volume increased by 35% to X units. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 115% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, liquid dispensing pump imports surged to $X in 2021. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2017 when imports increased by 48% against the previous year. Imports peaked at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

Sweden (X units), the UK (X units) and Germany (X units) were the main suppliers of liquid dispensing pump imports to Denmark, with a combined 56% share of total imports. These countries were followed by South Korea, Italy, China, the Czech Republic and the United States, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +410.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid dispensing pump suppliers to Denmark were Germany ($X), Sweden ($X) and South Korea ($X), with a combined 59% share of total imports.

South Korea, with a CAGR of +447.5%, 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 liquid dispensing pump import price stood at $X per unit in 2021, falling by -14.5% against the previous year. In general, the import price recorded a deep downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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