Report Update: Apr 1, 2024

Denmark - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights

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Non-Propelled Vehicle Price in Denmark - 2023

Non-Propelled Vehicle Price in Denmark (CIF) - 2023

In July 2023, the average non-propelled vehicle import price amounted to $53.8 per unit, falling by -13.1% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 31% m-o-m. The import price peaked at $88.0 per unit in January 2023; however, from February 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 Germany ($104 per unit), while the price for China ($27.4 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Propelled Vehicle Price in Denmark (FOB) - 2023

In July 2023, the average non-propelled vehicle export price amounted to $86.0 per unit, with an increase of 7.7% against the previous month. In general, export price indicated a modest expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, non-propelled vehicle export price increased by +26.7% against February 2023 indices. The growth pace was the most rapid in December 2022 an increase of 78% against the previous month. The export price peaked in July 2023.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Finland ($254 per unit), while the average price for exports to the UK ($19.1 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 Iceland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Propelled Vehicle Imports in Denmark

In 2022, approx. 615K units of vehicles not mechanically propelled were imported into Denmark; with a decrease of -3.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of 639K units, and then declined slightly in the following year.

In value terms, non-propelled vehicle imports dropped modestly to $37M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value 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 +42.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $38M, and then shrank modestly in the following year.

Import of Non-Propelled Vehicle in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	9.6	10.2	14.6	11.5	6.2%
Germany	5.8	6.4	8.4	10.3	21.1%
Sweden	5.2	5.1	8.6	6.2	6.0%
Finland	0.2	0.3	0.9	2.1	119.0%
Netherlands	0.3	0.2	0.8	1.3	63.0%
Poland	2.7	1.4	0.5	1.2	-23.7%
Others	3.7	2.6	4.0	4.6	7.5%
Total	27.5	26.2	37.8	37.2	10.6%

Top Suppliers of Non-Propelled Vehicle to Denmark in 2022:

China (275.0K units)
Germany (126.0K units)
Sweden (93.0K units)
Poland (43.1K units)
Finland (20.0K units)
Netherlands (12.9K units)

Non-Propelled Vehicle Exports in Denmark

After three years of growth, overseas shipments of vehicles not mechanically propelled decreased by -1.8% to 156K units in 2022. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 15%. Over the period under review, the exports attained the maximum at 158K units in 2021, and then shrank slightly in the following year.

In value terms, non-propelled vehicle exports declined to $12M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, the exports reached the peak of $12M, and then shrank in the following year.

Export of Non-Propelled Vehicle in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	1,544	2,170	2,834	2,833	22.4%
Norway	2,273	2,428	3,624	2,646	5.2%
Germany	2,041	1,380	934	1,808	-4.0%
Finland	518	292	965	554	2.3%
United Kingdom	276	255	532	452	17.9%
France	444	168	143	442	-0.2%
Belgium	316	184	217	287	-3.2%
Slovakia	19.0	1.2	0.6	244	134.2%
Netherlands	200	199	164	231	4.9%
Iceland	112	198	304	171	15.1%
Latvia	86.2	103	331	160	22.9%
Poland	169	185	157	157	-2.4%
Estonia	81.4	71.6	274	87.7	2.5%
Others	1,942	2,168	1,920	1,636	-5.6%
Total	10,022	9,803	12,399	11,708	5.3%

Top Export Markets for Non-Propelled Vehicle from Denmark in 2022:

Sweden (36.9K units)
Norway (36.5K units)
Germany (21.2K units)
United Kingdom (11.9K units)
Finland (8.5K units)
Belgium (4.0K units)
Netherlands (3.3K units)
France (3.3K units)
Latvia (3.1K units)
Iceland (2.9K units)
Poland (2.7K units)
Slovakia (2.6K units)
Estonia (2.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys

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