Denmark: Market for Snow-Ploughs And Snow-Blowers 2024

Market Size for Snow-Ploughs And Snow-Blowers in Denmark

The Danish snow ploughs and blowers market shrank significantly to $X in 2022, dropping by -33% against the previous year. Over the period under review, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Snow-Ploughs And Snow-Blowers in Denmark

In value terms, snow ploughs and blowers production soared to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 152%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Snow-Ploughs And Snow-Blowers

Exports from Denmark

In 2022, the amount of snow-ploughs and snow-blowers exported from Denmark contracted sharply to X units, reducing by -41.4% on the year before. In general, exports continue to indicate a mild contraction. The pace of growth was the most pronounced in 2018 with an increase of 78%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, snow ploughs and blowers exports fell significantly to $X in 2022. Overall, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of 74%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X units) was the main destination for snow ploughs and blowers exports from Denmark, accounting for a 39% share of total exports. Moreover, snow ploughs and blowers exports to Finland exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was held by Norway (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled +4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.9% per year) and Norway (+2.2% per year).

In value terms, the largest markets for snow ploughs and blowers exported from Denmark were Finland ($X), Norway ($X) and Germany ($X), together comprising 71% of total exports. Sweden, Greenland, Estonia, Romania and Poland lagged somewhat behind, together comprising a further 17%.

Poland, with a CAGR of +29.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 snow ploughs and blowers export price amounted to $X per unit, growing by 31% against the previous year. Overall, the export price, however, saw a slight shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 44%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Poland ($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 Romania (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Snow-Ploughs And Snow-Blowers

Imports into Denmark

In 2022, supplies from abroad of snow-ploughs and snow-blowers was finally on the rise to reach X units after two years of decline. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 87% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, snow ploughs and blowers imports skyrocketed to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Sweden (X units) were the main suppliers of snow ploughs and blowers imports to Denmark, together comprising 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +9.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Germany ($X) and Finland ($X) were the largest snow ploughs and blowers suppliers to Denmark, together accounting for 78% of total imports.

Finland, with a CAGR of +4.0%, saw the highest growth rate of 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 snow ploughs and blowers import price amounted to $X per unit, with an increase of 19% against the previous year. In general, the import price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 118%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, 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 Finland ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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