Denmark - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHeat Pump Price in Denmark - 2023
Contents:
- Heat Pump Price in Denmark (CIF) - 2023
- Heat Pump Price in Denmark (FOB) - 2023
- Heat Pump Imports in Denmark
- Heat Pump Exports in Denmark
Heat Pump Price in Denmark (CIF) - 2023
In August 2023, the average heat pump import price amounted to $2,074 per unit, with an increase of 6.6% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 98% against the previous month. As a result, import price reached the peak level of $4,216 per unit; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,909 per unit), while the price for Poland ($950 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Heat Pump Price in Denmark (FOB) - 2023
The average heat pump export price stood at $1,129 per unit in August 2023, dropping by -6.5% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 8.1% m-o-m. The export price peaked at $1,207 per unit in July 2023, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Faroe Islands ($3,138 per unit), while the average price for exports to Austria ($874 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Heat Pump Imports in Denmark
Heat pump imports into Denmark soared to 72K units in 2022, rising by 60% against the previous year. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, heat pump imports surged to $125M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Heat Pump in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 36.8 | 43.0 | 64.7 | 77.7 | 28.3% |
| China | 2.7 | 3.3 | 5.1 | 18.6 | 90.3% |
| Germany | 7.8 | 9.8 | 10.9 | 9.0 | 4.9% |
| Slovenia | N/A | 0.4 | 0.7 | 5.3 | 264.0% |
| Italy | 1.6 | 0.8 | 0.8 | 4.6 | 42.2% |
| Poland | 0.3 | 0.9 | 1.0 | 2.8 | 110.5% |
| France | 1.9 | 2.2 | 2.4 | 2.3 | 6.6% |
| India | 15.0 | 1.0 | 0.2 | N/A | -88.5% |
| Others | 0.9 | 2.8 | 1.1 | 5.0 | 77.1% |
| Total | 67.1 | 64.3 | 86.9 | 125 | 23.0% |
Top Suppliers of Heat Pump to Denmark in 2022:
- India (undefinedK units)
- Sweden (39.0K units)
- China (13.3K units)
- Germany (5.6K units)
- Italy (3.1K units)
- Slovenia (3.0K units)
- Poland (2.9K units)
- France (1.8K units)
Heat Pump Exports in Denmark
In 2022, heat pump exports from Denmark skyrocketed to 39K units, rising by 24% compared with 2021. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% 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 +61.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, heat pump exports soared to $39M in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Heat Pump in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 3.3 | 4.8 | 7.0 | 23.7% |
| Netherlands | 1.6 | 2.2 | 3.9 | 5.6 | 51.8% |
| France | 3.5 | 1.8 | 1.9 | 5.0 | 12.6% |
| Austria | 3.6 | 2.6 | 3.5 | 4.7 | 9.3% |
| Sweden | 3.0 | 3.2 | 4.6 | 3.2 | 2.2% |
| Spain | 0.6 | N/A | N/A | 2.5 | 60.9% |
| Switzerland | 1.1 | 1.4 | 2.5 | 2.2 | 26.0% |
| United Kingdom | 5.0 | 2.1 | 1.2 | 0.9 | -43.5% |
| Norway | 5.7 | 3.7 | 5.1 | 0.9 | -46.0% |
| Others | 10.3 | 9.8 | 6.3 | 6.7 | -13.4% |
| Total | 38.3 | 30.1 | 33.6 | 38.8 | 0.4% |
Top Export Markets for Heat Pump from Denmark in 2022:
- Germany (8.7K units)
- Netherlands (5.6K units)
- Austria (5.4K units)
- France (5.1K units)
- Sweden (2.5K units)
- Switzerland (2.3K units)
- Spain (2.3K units)
- United Kingdom (1.6K units)
- Norway (0.6K units)
This report provides an in-depth analysis of the heat pump 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 28251380 - Heat pumps other than air conditioning machines of HS
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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