Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark - 2023

Contents:

  1. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (CIF) - 2022
  2. Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark (FOB) - 2022
  3. Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Denmark
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom70.921316528358.6%
Germany59.273.443.213030.0%
China38.340.040.212849.5%
United States45.476.519.462.911.5%
Finland0.1N/AN/A56.8728.2%
Sweden16.023.232.846.843.0%
Netherlands59.244.323.69.6-45.5%
Japan60.714.087.26.2-53.3%
Others91.547.313031951.6%
Total4415315411,04233.2%

Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Denmark in 2022:

  1. China (2180.0 units)
  2. United Kingdom (338.0 units)
  3. Germany (228.0 units)
  4. Sweden (223.0 units)
  5. Finland (90.0 units)
  6. Netherlands (46.0 units)
  7. United States (37.0 units)
  8. 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)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa7.215.6100359268.1%
United KingdomN/A5.011895.0335.9%
ChinaN/A28.9N/A42.621.4%
SingaporeN/A10.636.422.545.7%
Saudi Arabia36.3253N/A8.2-39.1%
Uruguay4.15.54.06.818.4%
Norway10.547.71085.4-19.9%
Sri LankaN/AN/AN/A4.00%
Switzerland32.72.039.13.0-54.9%
Russia1.0234279N/A1570.3%
United Arab Emirates11.5N/AN/AN/A0%
BahrainN/AN/A21.3N/A0%
Others156174510110-11.0%
Total2597761,21565736.4%

Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Denmark in 2022:

  1. South Africa (1398.0 units)
  2. United Kingdom (66.0 units)
  3. Singapore (50.0 units)
  4. Sri Lanka (34.0 units)
  5. China (34.0 units)
  6. Uruguay (28.0 units)
  7. Saudi Arabia (24.0 units)
  8. Switzerland (9.0 units)
  9. Norway (9.0 units)

Source: IndexBox Market Intelligence Platform

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