Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark - 2023
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (CIF) - 2022
In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $319 per unit, shrinking by -19.9% against the previous year. In general, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2016 an increase of 111%. Over the period under review, average import prices hit record highs at $519 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 ($1,749 per unit), while the price for China ($59 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+65.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (FOB) - 2022
In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $379 per unit, declining by -56.7% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 225%. The export price peaked at $1,819 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,439 per unit), while the average price for exports to Sweden ($81 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 Saudi Arabia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark
For the fourth year in a row, Denmark recorded growth in overseas purchases of weighing machines; having a maximum weighing capacity exceeding 5000kgs, which increased by 140% to 3.3K units in 2022. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $1M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 70.9 | 213 | 165 | 283 | 58.6% |
Germany | 59.2 | 73.4 | 43.2 | 130 | 30.0% |
China | 38.3 | 40.0 | 40.2 | 128 | 49.5% |
United States | 45.4 | 76.5 | 19.4 | 62.9 | 11.5% |
Finland | 0.1 | N/A | N/A | 56.8 | 728.2% |
Sweden | 16.0 | 23.2 | 32.8 | 46.8 | 43.0% |
Netherlands | 59.2 | 44.3 | 23.6 | 9.6 | -45.5% |
Japan | 60.7 | 14.0 | 87.2 | 6.2 | -53.3% |
Others | 91.5 | 47.3 | 130 | 319 | 51.6% |
Total | 441 | 531 | 541 | 1,042 | 33.2% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Denmark in 2022:
- China (2180.0 units)
- United Kingdom (338.0 units)
- Germany (228.0 units)
- Sweden (223.0 units)
- Finland (90.0 units)
- Netherlands (46.0 units)
- United States (37.0 units)
- Japan (11.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark
In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs exported from Denmark skyrocketed to 1.7K units, jumping by 25% compared with 2021 figures. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 345%. As a result, the exports reached the peak of 2.9K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs dropped sharply to $657K in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 199%. The exports peaked at $1.2M in 2021, and then plummeted in the following year.
Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 7.2 | 15.6 | 100 | 359 | 268.1% |
United Kingdom | N/A | 5.0 | 118 | 95.0 | 335.9% |
China | N/A | 28.9 | N/A | 42.6 | 21.4% |
Singapore | N/A | 10.6 | 36.4 | 22.5 | 45.7% |
Saudi Arabia | 36.3 | 253 | N/A | 8.2 | -39.1% |
Uruguay | 4.1 | 5.5 | 4.0 | 6.8 | 18.4% |
Norway | 10.5 | 47.7 | 108 | 5.4 | -19.9% |
Sri Lanka | N/A | N/A | N/A | 4.0 | 0% |
Switzerland | 32.7 | 2.0 | 39.1 | 3.0 | -54.9% |
Russia | 1.0 | 234 | 279 | N/A | 1570.3% |
United Arab Emirates | 11.5 | N/A | N/A | N/A | 0% |
Bahrain | N/A | N/A | 21.3 | N/A | 0% |
Others | 156 | 174 | 510 | 110 | -11.0% |
Total | 259 | 776 | 1,215 | 657 | 36.4% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Denmark in 2022:
- South Africa (1398.0 units)
- United Kingdom (66.0 units)
- Singapore (50.0 units)
- Sri Lanka (34.0 units)
- China (34.0 units)
- Uruguay (28.0 units)
- Saudi Arabia (24.0 units)
- Switzerland (9.0 units)
- Norway (9.0 units)
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