Denmark: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Denmark

The Danish cable-making machine market was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption posted a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cable-Making Machine Production in Denmark

In value terms, cable-making machine production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Cable-making machine production peaked in 2022 and is expected to retain growth in the immediate term.

Cable-Making Machine Exports

Exports from Denmark

Cable-making machine exports from Denmark declined markedly to X units in 2022, waning by X% compared with 2021. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cable-making machine exports totaled $X in 2022. In general, exports saw a noticeable curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for cable-making machine exports from Denmark, accounting for a X% share of total exports. Moreover, cable-making machine exports to the United States exceeded the volume sent to the second major destination, Finland (X units), twofold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Italy (X% per year).

In value terms, Finland ($X), Italy ($X) and Brazil ($X) appeared to be the largest markets for cable-making machine exported from Denmark worldwide, with a combined X% share of total exports. The United States, Hungary, Portugal, Australia, Austria and Germany lagged somewhat behind, together accounting for a further X%.

Australia, with a CAGR of X%, saw the highest growth rate of 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 cable-making machine export price amounted to $X per unit, with an increase of X% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Australia ($X per unit), while the average price for exports to Germany ($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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cable-Making Machine Imports

Imports into Denmark

Cable-making machine imports into Denmark skyrocketed to X units in 2022, surging by X% compared with 2021. Overall, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cable-making machine imports soared to $X in 2022. In general, imports, however, saw a significant decline. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest cable-making machine supplier to Denmark, accounting for a X% share of total imports. Moreover, cable-making machine imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Vietnam (X% per year).

In value terms, the largest cable-making machine suppliers to Denmark were the UK ($X), China ($X) and Vietnam ($X), with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average cable-making machine import price amounted to $X per unit, waning by X% against the previous year. Overall, the import price recorded a precipitous setback. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Vietnam ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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