Denmark: Syringe Market 2024

Syringe Market Size in Denmark

The Danish syringe market shrank significantly to $X in 2022, dropping by -39.7% against the previous year. In general, consumption, however, saw moderate growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Syringe Production in Denmark

In value terms, syringe production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 720% against the previous year. Syringe production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Syringe Exports

Exports from Denmark

In 2022, approx. X units of syringes, with or without needles were exported from Denmark; dropping by -3.8% on 2021. In general, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.1% against 2020 indices. The pace of growth was the most pronounced in 2013 when exports increased by 60% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, syringe exports rose markedly to $X in 2022. Overall, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +10.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +175.6% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of 68%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X units), France (X units) and the United States (X units) were the main destinations of syringe exports from Denmark, together accounting for 55% of total exports. Poland, Iran, Norway, Belgium, Tanzania, Russia, Germany, Switzerland, Sweden and the UK lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania (with a CAGR of +326.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for syringe exported from Denmark were the United States ($X), China ($X) and France ($X), together accounting for 47% of total exports. Poland, Norway, Germany, Russia, Iran, Belgium, Sweden, Tanzania, Switzerland and the UK lagged somewhat behind, together comprising a further 26%.

Tanzania, with a CAGR of +302.8%, 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 syringe export price stood at $X per unit in 2022, with an increase of 11% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Iran ($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 the UK (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Syringe Imports

Imports into Denmark

In 2022, the amount of syringes, with or without needles imported into Denmark shrank to X units, waning by -10% on the previous year. Overall, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 134% against the previous year. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, syringe imports reduced to $X in 2022. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2018 when imports increased by 89% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

China (X units), Germany (X units) and the Czech Republic (X units) were the main suppliers of syringe imports to Denmark, together accounting for 64% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +653.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Czech Republic ($X) and Germany ($X) constituted the largest syringe suppliers to Denmark, together accounting for 61% of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +608.5%, saw 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 2022, the average syringe import price amounted to $X per unit, stabilizing at the previous year. In general, the import price, however, recorded a noticeable decline. The growth pace was the most rapid in 2021 when the average import price increased by 75%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Sweden (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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