Denmark - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Denmark - Machine-Tools For Drilling, Boring Or Milling Metal - Market Analysis, Forecast, Size, Trends and Insights

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Machine-Tool for Drilling Price in Denmark - 2023

Contents:

  1. Machine-Tool for Drilling Price in Denmark (CIF) - 2022
  2. Machine-Tool for Drilling Price in Denmark (FOB) - 2022
  3. Machine-Tool for Drilling Imports in Denmark
  4. Machine-Tool for Drilling Exports in Denmark

Machine-Tool for Drilling Price in Denmark (CIF) - 2022

The average machine-tool for drilling import price stood at $184 per unit in 2022, with a decrease of -37.9% against the previous year. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in 2013 when the average import price increased by 62%. The import price peaked at $2,140 per unit in 2014; however, from 2015 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 China ($231 per unit), while the price for South Korea ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (-2.6%), while the prices for the other major suppliers experienced a decline.

Machine-Tool for Drilling Price in Denmark (FOB) - 2022

The average machine-tool for drilling export price stood at $160 per unit in 2022, waning by -7.7% against the previous year. Over the period under review, the export price saw a dramatic setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 35% against the previous year. The export price peaked at $4,959 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Netherlands ($294 per unit), while the average price for exports to Germany ($84 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 the Netherlands (-2.2%), while the prices for the other major destinations experienced a decline.

Machine-Tool for Drilling Imports in Denmark

For the fourth consecutive year, Denmark recorded growth in overseas purchases of machine-tools for drilling, boring or milling metal, which increased by 28% to 84K units in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, machine-tool for drilling imports shrank rapidly to $16M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 26%. Over the period under review, imports attained the maximum at $19M in 2021, and then reduced notably in the following year.

Import of Machine-Tool for Drilling in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.28.311.46.2-4.9%
Poland1.31.42.31.811.5%
China0.80.61.11.214.5%
LuxembourgN/AN/A1.01.00.0%
LithuaniaN/AN/A0.30.566.7%
Sweden0.40.30.40.57.7%
South KoreaN/AN/A0.10.2100.0%
Others4.06.62.94.21.6%
Total13.817.419.515.53.9%

Top Suppliers of Machine-Tool for Drilling to Denmark in 2022:

  1. Germany (33.2K units)
  2. South Korea (12.5K units)
  3. Luxembourg (10.2K units)
  4. Poland (8.5K units)
  5. Lithuania (6.9K units)
  6. Sweden (5.8K units)
  7. China (5.2K units)

Machine-Tool for Drilling Exports in Denmark

In 2022, after three years of growth, there was decline in overseas shipments of machine-tools for drilling, boring or milling metal, when their volume decreased by -0.6% to 71K units. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. The exports peaked at 72K units in 2021, and then shrank modestly in the following year.

In value terms, machine-tool for drilling exports contracted to $11M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +47.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 61%. As a result, the exports attained the peak of $12M, and then dropped in the following year.

Export of Machine-Tool for Drilling in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2,6331,8272,9543,2517.3%
Sweden1,2591,7332,2581,69310.4%
Germany6631,2042,2151,54932.7%
Finland32540560652017.0%
Netherlands27118194.941114.9%
Austria73.417718314826.3%
Poland198203110145-9.9%
Others4,1851,9583,9743,656-4.4%
Total9,6087,68712,39511,3725.8%

Top Export Markets for Machine-Tool for Drilling from Denmark in 2022:

  1. Norway (24.5K units)
  2. Germany (18.5K units)
  3. Sweden (18.2K units)
  4. Finland (4.4K units)
  5. Austria (1.6K units)
  6. Netherlands (1.4K units)
  7. Poland (0.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machine-tool for drilling 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling machines)
  • Prodcom 28412223 - Numerically controlled tool-milling machines for working metal (excluding boring-milling machines, knee-type machines)
  • Prodcom 28412225 - Numerically controlled milling machines for working metal (including plano-milling machines) (excluding boring-milling machines, knee-type, tool-milling machines)
  • Prodcom 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
  • Prodcom 28412235 - Non-numerically controlled drilling machines for working metal (excluding way-type unit head machines)
  • Prodcom 28412240 - Numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412260 - Non-numerically controlled boring and boring-milling machines for working metal (excluding drilling machines)
  • Prodcom 28412270 - Non-numerically controlled milling machines for working metal (excluding boring-milling machines)

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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