Denmark - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Denmark - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Denmark - 2023

Contents:

  1. Lift and Hoist Price in Denmark (CIF) - 2022
  2. Lift and Hoist Price in Denmark (FOB) - 2023
  3. Lift and Hoist Imports in Denmark
  4. Lift and Hoist Exports in Denmark

Lift and Hoist Price in Denmark (CIF) - 2022

The average lift and hoist import price stood at $18,836 per unit in 2022, jumping by 35% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2021 when the average import price increased by 44% against the previous year. The import price peaked at $25,483 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($19,505 per unit) and the United States ($19,043 per unit), while the price for China ($18,882 per unit) and the UK ($18,934 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.7%), while the prices for the other major suppliers experienced a decline.

Lift and Hoist Price in Denmark (FOB) - 2023

The average lift and hoist export price stood at $75,825 per unit in July 2023, waning by -44.7% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 72% month-to-month. As a result, the export price reached the peak level of $137K per unit, and then shrank dramatically in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($611K per unit), while the average price for exports to Greenland ($23,483 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lift and Hoist Imports in Denmark

In 2022, overseas purchases of lifts and hoists decreased by -37.8% to 1.4K units, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 with an increase of 119%. As a result, imports reached the peak of 2.9K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lift and hoist imports declined dramatically to $27M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 16% against the previous year. Over the period under review, imports hit record highs at $32M in 2021, and then dropped sharply in the following year.

Import of Lift and Hoist in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland5.27.48.96.26.0%
Germany8.44.55.94.5-18.8%
Spain1.82.82.32.815.9%
Sweden1.43.22.72.724.5%
TurkeyN/AN/A0.51.7240.0%
ItalyN/A0.22.01.6182.8%
Netherlands1.01.34.01.514.5%
United States0.10.40.11.3135.1%
China1.00.80.81.26.3%
Slovakia2.05.13.01.0-20.6%
United Kingdom1.40.50.50.6-24.6%
Others2.32.21.52.0-4.6%
Total24.628.432.227.03.2%

Top Suppliers of Lift and Hoist to Denmark in 2022:

  1. Poland (329.0 units)
  2. Germany (237.0 units)
  3. Spain (146.0 units)
  4. Sweden (141.0 units)
  5. Turkey (88.0 units)
  6. Italy (84.0 units)
  7. Netherlands (77.0 units)
  8. United States (67.0 units)
  9. China (64.0 units)
  10. Slovakia (50.0 units)
  11. United Kingdom (33.0 units)

Lift and Hoist Exports in Denmark

In 2022, shipments abroad of lifts and hoists decreased by -15% to 1.6K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 58%. Over the period under review, the exports attained the maximum at 1.8K units in 2021, and then reduced in the following year.

In value terms, lift and hoist exports expanded modestly to $27M in 2022. The total export value increased at an average annual rate of +9.2% over the period 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 2021 when exports increased by 23%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Lift and Hoist in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.02.53.85.136.6%
Germany2.33.32.84.020.3%
China1.56.14.23.431.4%
United Kingdom5.30.13.43.0-17.3%
Netherlands0.20.30.91.8108.0%
United States0.20.30.71.071.0%
Spain0.1N/A0.80.9108.0%
Australia0.50.90.80.817.0%
Ireland0.40.40.50.826.0%
Norway0.30.20.40.732.6%
Taiwan (Chinese)N/A0.62.10.60.0%
New Zealand1.10.60.90.6-18.3%
Russia0.1N/A0.60.571.0%
Others6.56.04.53.4-19.4%
Total20.521.326.226.89.3%

Top Export Markets for Lift and Hoist from Denmark in 2022:

  1. France (294.0 units)
  2. Germany (231.0 units)
  3. China (198.0 units)
  4. United Kingdom (177.0 units)
  5. Netherlands (107.0 units)
  6. United States (61.0 units)
  7. Spain (53.0 units)
  8. Ireland (49.0 units)
  9. Australia (47.0 units)
  10. Norway (42.0 units)
  11. Taiwan (Chinese) (33.0 units)
  12. New Zealand (32.0 units)
  13. Russia (31.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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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