Denmark: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Denmark

The Danish wood slicing machine market surged to $X in 2021, rising by 97% against the previous year. In general, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Wood Slicing Machine Production in Denmark

In value terms, wood slicing machine production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of 65% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Wood Slicing Machine Exports

Exports from Denmark

In 2021, shipments abroad of splitting, slicing or paring machines increased by 15% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood slicing machine exports expanded slightly to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 82%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for wood slicing machine exports from Denmark, with a 58% share of total exports. Moreover, wood slicing machine exports to Sweden exceeded the volume sent to the second major destination, Finland (X units), fourfold. The third position in this ranking was taken by Norway (X units), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-2.1% per year) and Norway (+3.1% per year).

In value terms, Sweden ($X) remains the key foreign market for splitting, slicing or paring machines exports from Denmark, comprising 47% of total exports. The second position in the ranking was held by Norway ($X), with a 12% share of total exports. It was followed by Finland, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+14.7% per year) and Finland (-0.6% per year).

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, shrinking by -8.9% against the previous year. Overall, export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood slicing machine export price increased by +54.0% against 2015 indices. The pace of growth appeared the most rapid in 2016 an increase of 26% against the previous year. The export price peaked at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Finland ($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 Norway (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Denmark

Wood slicing machine imports into Denmark soared to X units in 2021, picking up by 20% on 2020 figures. Over the period under review, imports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 386%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wood slicing machine imports surged to $X in 2021. Overall, imports, however, continue to indicate a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of 211% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Austria (X units) were the main suppliers of wood slicing machine imports to Denmark, with a combined 95% share of total imports. Italy and Sweden lagged somewhat behind, together accounting for a further 3.3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +29.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood slicing machine suppliers to Denmark were China ($X), Germany ($X) and Italy ($X), with a combined 90% share of total imports.

Italy, with a CAGR of +24.8%, 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 wood slicing machine import price stood at $X per unit in 2021, with an increase of 5.4% against the previous year. Overall, the import price, however, recorded a slight setback. The growth pace was the most rapid in 2019 an increase of 28%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average 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 Italy ($X per unit), while the price for Germany ($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 (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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