Denmark: Winche And Capstan Market 2025

Winche And Capstan Market Size in Denmark

In 2021, the Danish winche and capstan market increased by 209% to $X, rising for the second year in a row after three years of decline. Overall, consumption posted a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Winche And Capstan Production in Denmark

In value terms, winche and capstan production fell rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 68%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Winche And Capstan Exports

Exports from Denmark

In 2021, overseas shipments of winches and capstans increased by 29% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports showed a resilient increase. The growth pace was the most rapid in 2018 with an increase of 124%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, winche and capstan exports expanded remarkably to $X in 2021. In general, exports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2018 when exports increased by 89%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for winche and capstan exports from Denmark, with a 27% share of total exports. Moreover, winche and capstan exports to Sweden exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by Saudi Arabia (X units), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to +31.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+15.9% per year) and Saudi Arabia (+211.9% per year).

In value terms, the largest markets for winche and capstan exported from Denmark were the United States ($X), Germany ($X) and Norway ($X), together accounting for 31% of total exports. These countries were followed by Sweden, Taiwan (Chinese), the UK, Brazil, Saudi Arabia, the Netherlands, France, Canada, Finland and Italy, which together accounted for a further 49%.

Taiwan (Chinese), with a CAGR of +132.2%, saw the highest rates of growth with regard to 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

In 2021, the average winche and capstan export price amounted to $X per unit, which is down by -18.4% against the previous year. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in 2013 when the average export price increased by 35%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Brazil ($X per unit), while the average price for exports to Canada ($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 France (-2.3%), while the prices for the other major destinations experienced a decline.

Winche And Capstan Imports

Imports into Denmark

In 2021, overseas purchases of winches and capstans increased by 46% to X units, rising for the fourth year in a row after three years of decline. Overall, imports saw prominent growth. The most prominent rate of growth was recorded in 2014 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, winche and capstan imports soared to $X in 2021. In general, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X units), Norway (X units) and the UK (X units) were the main suppliers of winche and capstan imports to Denmark, with a combined 51% share of total imports. Spain, Italy, China, Germany, France and the United States lagged somewhat behind, together comprising a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +174.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Spain ($X) and the UK ($X) appeared to be the largest winche and capstan suppliers to Denmark, with a combined 59% share of total imports.

Spain, with a CAGR of +163.7%, recorded the highest growth rate of the value of imports, among 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 winche and capstan import price stood at $X per unit in 2021, reducing by -18.7% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 24%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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