Denmark: Market for Straw Or Fodder Balers, Including Pickup Balers 2025

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Denmark

The Danish straw for fodder balers market soared to $X in 2021, surging by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Denmark

In 2021, shipments abroad of straw or fodder balers, including pickup balers decreased by -16.4% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 114%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, straw for fodder balers exports stood at $X in 2021. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 with an increase of 43%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

China (X units), Belarus (X units) and Sweden (X units) were the main destinations of straw for fodder balers exports from Denmark, together comprising 45% of total exports. Poland, Ukraine, Portugal, Kazakhstan, the UK, Spain, Greenland, Norway, Russia and the Czech Republic lagged somewhat behind, together comprising a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for straw or fodder balers, including pickup balers exports from Denmark, comprising 27% of total exports. The second position in the ranking was taken by Sweden ($X), with a 13% share of total exports. It was followed by Greenland, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled +54.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-19.1% per year) and Greenland (+41.3% per year).

Export Prices by Country

The average straw for fodder balers export price stood at $X per unit in 2021, jumping by 29% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Greenland ($X per unit), while the average price for exports to Belarus ($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 Greenland (+17.3%), while the prices for the other major destinations experienced a decline.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Denmark

In 2021, purchases abroad of straw or fodder balers, including pickup balers decreased by 0% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 62% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, straw for fodder balers imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 56% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Belgium (X units) and Ireland (X units) were the main suppliers of straw for fodder balers imports to Denmark, together comprising 89% of total imports. These countries were followed by Poland, France, Malaysia and Slovakia, which together accounted for a further 10%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +41.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers suppliers to Denmark were Germany ($X), Belgium ($X) and Ireland ($X), together accounting for 91% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +26.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average straw for fodder balers import price amounted to $X per unit, increasing by 45% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per unit in 2019; however, from 2020 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 Germany ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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