Denmark - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 9, 2024

Denmark - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights

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Garden Tool Price in Denmark - 2023

Contents:

  1. Garden Tool Price in Denmark (CIF) - 2023
  2. Garden Tool Price in Denmark (FOB) - 2022
  3. Garden Tool Imports in Denmark
  4. Garden Tool Exports in Denmark

Garden Tool Price in Denmark (CIF) - 2023

In July 2023, the average garden tool import price amounted to $9,846 per ton, picking up by 31% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 45% m-o-m. The import price peaked at $13,638 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Canada ($22,034 per ton), while the price for China ($3,473 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Garden Tool Price in Denmark (FOB) - 2022

In 2022, the average garden tool export price amounted to $11,980 per ton, rising by 6.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2020 an increase of 25%. As a result, the export price attained the peak level of $12,230 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($27,074 per ton), while the average price for exports to Lebanon ($1,254 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 the Netherlands (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Garden Tool Imports in Denmark

In 2022, overseas purchases of garden tools decreased by -33.3% to 589 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, garden tool imports plummeted to $5M in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 17%.

Import of Garden Tool in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,1341,3401,4801,3235.3%
Sweden1,3461,9691,6261,257-2.3%
China6236031,0401,22325.2%
Germany806463395414-19.9%
Poland331221167217-13.1%
Italy1441201181603.6%
Norway26.925.617.194.652.1%
Belgium1,6412,1962,37686.8-62.5%
United Kingdom16152257.670.5-24.1%
Others520441625181-29.7%
Total6,7337,9017,9035,027-9.3%

Top Suppliers of Garden Tool to Denmark in 2022:

  1. China (214.3 tons)
  2. Netherlands (194.8 tons)
  3. Sweden (63.7 tons)
  4. Poland (32.1 tons)
  5. Germany (29.5 tons)
  6. Italy (20.5 tons)
  7. Norway (11.4 tons)
  8. Belgium (7.1 tons)
  9. United Kingdom (3.1 tons)

Garden Tool Exports in Denmark

In 2022, shipments abroad of garden tools decreased by -1.5% to 178 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year.

In value terms, garden tool exports expanded significantly to $2.1M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Garden Tool in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden29128136142813.7%
Norway15214816140138.2%
France58.581.663836183.4%
Germany1023111391339.2%
United Kingdom92.425985.51064.7%
Finland99.71341081041.4%
Poland69.189.860.197.712.2%
Netherlands55.428.319.384.315.0%
Estonia21.823.837.933.114.9%
Czech Republic5.03.85.223.868.2%
Spain19.032.731.921.74.5%
Lebanon17.712.521.417.90.4%
Greenland50.345.017.316.4-31.2%
Others2784583463063.3%
Total1,3121,9082,0312,13317.6%

Top Export Markets for Garden Tool from Denmark in 2022:

  1. Norway (46.6 tons)
  2. Sweden (43.1 tons)
  3. France (17.5 tons)
  4. Germany (14.3 tons)
  5. Lebanon (14.2 tons)
  6. Estonia (5.8 tons)
  7. Finland (4.9 tons)
  8. Poland (4.2 tons)
  9. United Kingdom (3.9 tons)
  10. Spain (3.5 tons)
  11. Netherlands (3.4 tons)
  12. Czech Republic (2.8 tons)
  13. Greenland (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the garden tool market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25731055 - Forks and other hand tools (excluding clasp knives) for agriculture, horticulture or forestry

Country coverage:

  • Denmark

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Denmark
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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