Denmark: Vices And Clamps Market 2025

Vices And Clamps Market Size in Denmark

The Danish vices and clamps market skyrocketed to $X in 2022, growing by 34% against the previous year. Overall, consumption enjoyed a strong expansion. Vices and clamps consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Vices And Clamps Production in Denmark

In value terms, vices and clamps production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 62%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Vices And Clamps Exports

Exports from Denmark

In 2022, approx. X tons of vices and clamps were exported from Denmark; waning by -47.1% compared with the previous year's figure. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, vices and clamps exports reduced sharply to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of vices and clamps exports from Denmark, with a combined 64% share of total exports. The United States, Poland, the UK, Finland, Turkey, Italy, Germany, Estonia and Greenland lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +47.7%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for vices and clamps exports from Denmark, comprising 32% of total exports. The second position in the ranking was held by Belgium ($X), with a 14% share of total exports. It was followed by Sweden, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+10.8% per year) and Sweden (-13.8% per year).

Export Prices by Country

In 2022, the average vices and clamps export price amounted to $X per ton, picking up by 34% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vices and clamps export price increased by +61.7% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 56% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vices And Clamps Imports

Imports into Denmark

Vices and clamps imports into Denmark rose remarkably to X tons in 2022, growing by 11% against 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 18%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, vices and clamps imports fell to $X in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of vices and clamps imports to Denmark, with a combined 71% share of total imports. India, the Netherlands, Belgium and the UK lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +25.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of vices and clamps to Denmark, comprising 37% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Sweden, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.1% per year) and Sweden (+3.3% per year).

Import Prices by Country

The average vices and clamps import price stood at $X per ton in 2022, falling by -16.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2013 when the average import price increased by 37% against the previous year. The import price peaked at $X per ton in 2021, and then dropped dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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