Denmark: Agricultural Self-Loading Trailer Market 2024

Agricultural Self-Loading Trailer Market Size in Denmark

The Danish agricultural self-loading trailer market contracted significantly to $X in 2021, falling by -38.6% against the previous year. Over the period under review, consumption saw a pronounced decline. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Agricultural Self-Loading Trailer Production in Denmark

In value terms, agricultural self-loading trailer production soared to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Agricultural Self-Loading Trailer Exports

Exports from Denmark

In 2021, the amount of self-loading or self-unloading trailers for agricultural purposes exported from Denmark soared to X units, growing by 24% on the year before. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 40% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, agricultural self-loading trailer exports skyrocketed to $X in 2021. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 53% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Sweden (X units) were the main destinations of agricultural self-loading trailer exports from Denmark, with a combined 74% share of total exports. These countries were followed by Norway, Hungary, the UK, Ukraine, the Netherlands, Poland, Slovakia and Canada, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +37.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Sweden ($X) were the largest markets for agricultural self-loading trailer exported from Denmark worldwide, together accounting for 78% of total exports. These countries were followed by Hungary, the UK, Norway, Ukraine, Slovakia, the Netherlands, Canada and Poland, which together accounted for a further 11%.

Hungary, with a CAGR of +39.7%, recorded 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 2021, the average agricultural self-loading trailer export price amounted to $X per unit, picking up by 18% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2020 an increase of 29%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Norway ($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 Poland (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Self-Loading Trailer Imports

Imports into Denmark

In 2021, approx. X units of self-loading or self-unloading trailers for agricultural purposes were imported into Denmark; growing by 15% against 2020 figures. Overall, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of 130% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, agricultural self-loading trailer imports surged to $X in 2021. In general, imports posted a resilient expansion. The growth pace was the most rapid in 2016 when imports increased by 71% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

Poland (X units), Lithuania (X units) and Germany (X units) were the main suppliers of agricultural self-loading trailer imports to Denmark, together comprising 91% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +21.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Lithuania ($X) were the largest agricultural self-loading trailer suppliers to Denmark, with a combined 90% share of total imports. Turkey, Finland and the Netherlands lagged somewhat behind, together comprising a further 6.3%.

Finland, with a CAGR of +25.6%, recorded 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 agricultural self-loading trailer import price stood at $X per unit in 2021, picking up by 4% against the previous year. Over the period under review, the import price, however, saw a mild slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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