Denmark: Pump For Liquid Market 2024

Pump For Liquid Market Size in Denmark

For the fourth year in a row, the Danish pump for liquid market recorded decline in sales value, which decreased by -71.4% to $X in 2021. In general, consumption showed a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Pump For Liquid Production in Denmark

In value terms, pump for liquid production shrank significantly to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, production reached the peak level of $X, and then dropped sharply in the following year.

Pump For Liquid Exports

Exports from Denmark

In 2021, approx. X units of pumps for liquids and liquid elevators were exported from Denmark; stabilizing at 2020. Overall, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 129% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, pump for liquid exports surged to $X in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), the Netherlands (X units) and Sweden (X units) were the main destinations of pump for liquid exports from Denmark, with a combined 42% share of total exports. France, Italy, Belgium, Finland, the UK, China, Norway, the United States, Austria and Poland lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +43.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pump for liquid exported from Denmark were the Netherlands ($X), Germany ($X) and China ($X), with a combined 28% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +17.5%, saw 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 pump for liquid export price amounted to $X per unit, surging by 19% against the previous year. Overall, the export price, however, recorded a deep contraction. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($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 the UK (-5.6%), while the prices for the other major destinations experienced a decline.

Pump For Liquid Imports

Imports into Denmark

In 2021, imports of pumps for liquids and liquid elevators into Denmark shrank to X units, which is down by -10.5% against the previous year. Over the period under review, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of 141%. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, pump for liquid imports totaled $X in 2021. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of pump for liquid imports to Denmark, with a combined 57% share of total imports. These countries were followed by France, Italy, Sweden, the UK and Taiwan (Chinese), which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +34.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Sweden ($X) were the largest pump for liquid suppliers to Denmark, with a combined 53% share of total imports.

The Netherlands, with a CAGR of +40.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pump for liquid import price amounted to $X per unit, with an increase of 24% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 182% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, 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 Taiwan (Chinese) (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform