Denmark: Market for Vacuum Cleaners With Motor 2025

Market Size for Vacuum Cleaners With Motor in Denmark

The Danish vacuum cleaner with motor market skyrocketed to $X in 2021, surging by 49% against the previous year. In general, consumption recorded resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Vacuum Cleaners With Motor in Denmark

In value terms, vacuum cleaner with motor production rose slightly to $X in 2021 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +57.3% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of 22%. Over the period under review, production attained the peak level in 2021 and is likely to continue growth in years to come.

Exports of Vacuum Cleaners With Motor

Exports from Denmark

In 2021, overseas shipments of vacuum cleaners with motor decreased by -27% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 16%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, vacuum cleaner with motor exports reduced sharply to $X in 2021. Over the period under review, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of 18% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Sweden (X tons) was the main destination for vacuum cleaner with motor exports from Denmark, accounting for a 42% share of total exports. Moreover, vacuum cleaner with motor exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-2.7% per year) and Germany (-6.0% per year).

In value terms, Sweden ($X) remains the key foreign market for vacuum cleaners with motor exports from Denmark, comprising 54% of total exports. The second position in the ranking was held by Norway ($X), with an 11% share of total exports. It was followed by Germany, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+5.0% per year) and Germany (-2.1% per year).

Export Prices by Country

In 2021, the average vacuum cleaner with motor export price amounted to $X per ton, picking up by 14% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vacuum cleaner with motor export price increased by +81.7% against 2012 indices. The growth pace was the most rapid in 2018 when the average export price increased by 30%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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 Finland ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into Denmark

After two years of growth, purchases abroad of vacuum cleaners with motor decreased by -1.8% to X tons in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, vacuum cleaner with motor imports expanded notably to $X in 2021. Over the period under review, imports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 24% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of vacuum cleaner with motor imports to Denmark, together comprising 87% of total imports. Poland and Hungary lagged somewhat behind, together accounting for a further 5.3%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +54.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vacuum cleaner with motor suppliers to Denmark were Sweden ($X), China ($X) and Germany ($X), with a combined 90% share of total imports. These countries were followed by Poland and Hungary, which together accounted for a further 4.3%.

Poland, with a CAGR of +54.4%, 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

In 2021, the average vacuum cleaner with motor import price amounted to $X per ton, with an increase of 12% against the previous year. In general, the import price recorded a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 38%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :