Denmark: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Denmark

The Danish pumps for liquids market surged to $X in 2022, jumping by 16% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Pumps for liquids consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pumps For Liquids Production in Denmark

In value terms, pumps for liquids production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Pumps For Liquids Exports

Exports from Denmark

In 2022, overseas shipments of pumps for liquids increased by 45% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a pronounced contraction. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pumps for liquids exports reached $X in 2022. In general, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for pumps for liquids exports from Denmark, accounting for a 39% share of total exports. Moreover, pumps for liquids exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), threefold. The UK (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-14.8% per year) and the UK (-0.9% per year).

In value terms, the Netherlands ($X), Germany ($X) and China ($X) constituted the largest markets for pumps for liquids exported from Denmark worldwide, with a combined 33% share of total exports.

The Netherlands, with a CAGR of +18.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pumps for liquids export price amounted to $X per unit, waning by -28.1% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 18% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Switzerland ($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 Slovakia (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps For Liquids Imports

Imports into Denmark

In 2022, the amount of pumps for liquids imported into Denmark rose notably to X units, picking up by 5.9% against the previous year. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, pumps for liquids imports rose sharply to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The Netherlands (X units), France (X units) and China (X units) were the main suppliers of pumps for liquids imports to Denmark, with a combined 67% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +82.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Hungary ($X) and Germany ($X) were the largest pumps for liquids suppliers to Denmark, together comprising 66% of total imports.

The Netherlands, with a CAGR of +64.5%, 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

In 2022, the average pumps for liquids import price amounted to $X per unit, rising by 5.1% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2019 an increase of 26% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform