Denmark: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Denmark

The Danish metal sawing machine market declined significantly to $X in 2021, with a decrease of -20.2% against the previous year. Over the period under review, consumption, however, recorded a moderate expansion. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Metal Sawing Machine Production in Denmark

In value terms, metal sawing machine production surged to $X in 2021 estimated in export price. In general, production, however, recorded a noticeable contraction. Metal sawing machine production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Metal Sawing Machine Exports

Exports from Denmark

For the sixth year in a row, Denmark recorded growth in overseas shipments of sawing or cutting-off machines for working metal, which increased by 43% to X units in 2021. Overall, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal sawing machine exports surged to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of 17%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X units), Sweden (X units) and Belgium (X units) were the main destinations of metal sawing machine exports from Denmark, together accounting for 52% of total exports. These countries were followed by Germany, Norway, Japan, Mexico, South Korea, the United States, India, the UK, Finland and Russia, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +52.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal sawing machine exported from Denmark were China ($X), the United States ($X) and Japan ($X), together accounting for 43% of total exports. These countries were followed by Sweden, South Korea, India, Mexico, Germany, Norway, Belgium, the UK, Finland and Russia, which together accounted for a further 42%.

India, with a CAGR of +42.0%, recorded 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

The average metal sawing machine export price stood at $X per unit in 2021, declining by -18.7% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: 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 Finland (-4.4%), while the prices for the other major destinations experienced a decline.

Metal Sawing Machine Imports

Imports into Denmark

For the fourth consecutive year, Denmark recorded growth in supplies from abroad of sawing or cutting-off machines for working metal, which increased by 11% to X units in 2021. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 59% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, metal sawing machine imports declined markedly to $X in 2021. Over the period under review, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -44.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 51%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Sweden (X units) and Germany (X units) were the main suppliers of metal sawing machine imports to Denmark, together accounting for 75% of total imports. Taiwan (Chinese), the Czech Republic, Italy, Latvia and Belgium lagged somewhat behind, together comprising a further 19%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +142.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Sweden ($X) appeared to be the largest metal sawing machine suppliers to Denmark, with a combined 60% share of total imports. These countries were followed by Italy, Taiwan (Chinese), the Czech Republic, Latvia and Belgium, which together accounted for a further 29%.

Latvia, with a CAGR of +54.3%, 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 more modest paces of growth.

Import Prices by Country

The average metal sawing machine import price stood at $X per unit in 2021, falling by -37.4% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 an increase of 62%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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