Report Update: May 1, 2024

Denmark - Isolating Switches & Make-And-Break Switches - Market Analysis, Forecast, Size, Trends And Insights

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Isolating Switch Price in Denmark - 2023

Isolating Switch Price in Denmark (CIF) - 2022

In 2022, the average isolating switch import price amounted to $54 per unit, surging by 3.1% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, isolating switch import price decreased by -14.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 52% against the previous year. The import price peaked at $63 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($265 per unit), while the price for Bulgaria ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Isolating Switch Price in Denmark (FOB) - 2022

The average isolating switch export price stood at $82 per unit in 2022, rising by 23% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2019 an increase of 59% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($137 per unit), while the average price for exports to Finland ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Isolating Switch Imports in Denmark

In 2022, the amount of isolating switches & make-and-break switches imported into Denmark skyrocketed to 210K units, jumping by 27% against 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, isolating switch imports skyrocketed to $11M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Isolating Switch in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	5.1	4.2	4.0	3.4	-12.6%
Switzerland	0.3	0.2	2.0	3.2	120.1%
Italy	0.4	0.1	N/A	1.2	44.2%
Sweden	0.3	0.4	0.5	0.7	32.6%
Bulgaria	0.1	0.4	0.9	0.7	91.3%
Germany	0.3	0.2	0.2	0.6	26.0%
Netherlands	0.1	0.4	0.5	0.5	71.0%
Norway	1.5	2.2	0.2	0.5	-30.7%
Others	1.5	0.3	0.5	0.5	-30.7%
Total	9.8	8.4	8.7	11.4	5.2%

Top Suppliers of Isolating Switch to Denmark in 2022:

Japan (51.2K units)
Switzerland (45.0K units)
Bulgaria (31.0K units)
Italy (30.1K units)
Netherlands (13.0K units)
Sweden (12.3K units)
Norway (10.9K units)
Germany (9.7K units)

Isolating Switch Exports in Denmark

Isolating switch exports from Denmark fell to 9K units in 2022, waning by -11.7% compared with 2021. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. The exports peaked at 11K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, isolating switch exports totaled $732K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Isolating Switch in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	2.0	0.2	0.1	161	331.8%
Netherlands	10.4	110	9.9	142	139.0%
Norway	2.6	26.5	4.7	39.7	148.1%
Turkey	10.8	N/A	1.1	37.5	51.4%
South Korea	N/A	N/A	N/A	30.8	0%
United Arab Emirates	0.3	1.4	194	27.3	349.8%
Vietnam	N/A	N/A	N/A	26.3	0%
Faroe Islands	16.0	7.6	6.4	26.0	17.6%
Germany	90.7	2.7	36.5	23.8	-36.0%
United States	85.7	93.5	140	23.2	-35.3%
Greenland	41.5	11.2	4.3	21.1	-20.2%
Russia	98.3	5.0	18.4	N/A	-56.7%
Australia	132	61.2	N/A	N/A	-53.6%
Others	232	197	261	174	-9.1%
Total	722	517	677	732	0.5%

Top Export Markets for Isolating Switch from Denmark in 2022:

Netherlands (3443.0 units)
Taiwan (Chinese) (1316.0 units)
South Korea (641.0 units)
United States (602.0 units)
Norway (519.0 units)
Greenland (347.0 units)
Faroe Islands (333.0 units)
Vietnam (321.0 units)
Turkey (313.0 units)
United Arab Emirates (274.0 units)
Germany (173.0 units)
Australia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the isolating switch 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 27121030 - Isolating switches and make-and-break switches

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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