Price for Tugs and Pusher Craft in Denmark - 2023

Contents:

  1. Price for Tugs and Pusher Craft in Denmark (CIF) - 2022
  2. Price for Tugs and Pusher Craft in Denmark (FOB) - 2022
  3. Imports of Tugs and Pusher Craft in Denmark
  4. Exports of Tugs and Pusher Craft in Denmark

Price for Tugs and Pusher Craft in Denmark (CIF) - 2022

The average tugs and pusher craft import price stood at $2,146,391 per unit in 2022, waning by -15.9% against the previous year. Over the period under review, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 122% against the previous year. The import price peaked at $9,884,522 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($2,627,257 per unit), while the price for the United States totaled $51,922 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tugs and Pusher Craft in Denmark (FOB) - 2022

The average tugs and pusher craft export price stood at $1,500,765 per unit in 2022, falling by -62.6% against the previous year. Over the period under review, the export price saw a abrupt setback. The growth pace was the most rapid in 2021 when the average export price increased by 268%. Over the period under review, the average export prices hit record highs at $5,103,290 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Greenland amounted to +48.3% per year.

Imports of Tugs and Pusher Craft in Denmark

After three years of growth, overseas purchases of tugs and pusher crafts decreased by -14.3% to 6 units in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 100%. Over the period under review, imports attained the maximum at 7 units in 2021, and then dropped in the following year.

In value terms, tugs and pusher craft imports dropped significantly to $13M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. As a result, imports attained the peak of $17M, and then shrank significantly in the following year.

Import of Tugs and Pusher Craft in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway0.41.4N/A12.6215.8%
United StatesN/AN/AN/A0.10%
SwedenN/A2.3N/AN/A0%
United Kingdom5.8N/AN/AN/A0%
Netherlands0.6N/A2.1N/A87.1%
TurkeyN/A4.814.7N/A206.3%
OthersN/AN/AN/AN/A0%
Total6.88.616.812.723.1%

Top Suppliers of Tugs and Pusher Craft to Denmark in 2022:

  1. Norway (5.0 units)
  2. United States (1.0 units)

Exports of Tugs and Pusher Craft in Denmark

In 2022, approx. 2 units of tugs and pusher crafts were exported from Denmark; picking up by 100% on 2021. Overall, exports, however, faced a dramatic curtailment. The exports peaked at 8 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, tugs and pusher craft exports dropped significantly to $3M in 2022. In general, exports, however, continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 327% against the previous year. The exports peaked at $9.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Tugs and Pusher Craft in Denmark (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Marshall IslandsN/AN/A4.20%
Norway3.90.3N/A-92.3%
SwedenN/A0.5N/A0%
United States0.1N/AN/A0%
Cyprus1.3N/AN/A0%
Netherlands4.10.4N/A-90.2%
OthersN/AN/A0.70%
Total9.41.14.9-27.8%

Top Export Markets for Tugs and Pusher Craft from Denmark in 2022:

  1. Marshall Islands (1.0 units)

Source: IndexBox Market Intelligence Platform

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