Denmark - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Denmark - 2023
Contents:
- Relay Price in Denmark (CIF) - 2022
- Relay Price in Denmark (FOB) - 2022
- Relay Imports in Denmark
- Relay Exports in Denmark
Relay Price in Denmark (CIF) - 2022
In 2022, the average relay import price amounted to $2 per unit, which is down by -6.1% against the previous year. In general, the import price recorded a noticeable downturn. The growth pace was the most rapid in 2014 when the average import price increased by 7.8% against the previous year. As a result, import price attained the peak level of $2.8 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($4.8 per unit), while the price for China ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Denmark (FOB) - 2022
In 2022, the average relay export price amounted to $2.7 per unit, with a decrease of -11.8% against the previous year. Overall, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 19% against the previous year. The export price peaked at $3.6 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($6.6 per unit), while the average price for exports to Turkey ($1.3 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 Mexico (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Relay Imports in Denmark
Relay imports into Denmark stood at 25M units in 2022, increasing by 3.5% against 2021. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, relay imports dropped modestly to $51M in 2022. Over the period under review, imports, however, showed a slight shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.2%. Over the period under review, imports hit record highs at $53M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Relay in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.8 | 8.0 | 9.3 | 11.6 | 9.6% |
| Germany | 16.1 | 14.6 | 12.3 | 11.3 | -11.1% |
| China | 11.8 | 10.4 | 13.2 | 10.6 | -3.5% |
| Netherlands | 3.7 | 4.0 | 4.4 | 3.9 | 1.8% |
| Taiwan (Chinese) | 1.3 | 1.1 | 1.1 | 2.3 | 20.9% |
| Poland | 3.3 | 3.0 | 3.6 | 1.6 | -21.4% |
| Brazil | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
| Others | 7.4 | 6.5 | 7.6 | 8.6 | 5.1% |
| Total | 52.9 | 48.1 | 52.0 | 50.6 | -1.5% |
Top Suppliers of Relay to Denmark in 2022:
- China (11.1M units)
- Sweden (4.7M units)
- Germany (2.4M units)
- Netherlands (1.4M units)
- Taiwan (Chinese) (1.4M units)
- Brazil (0.7M units)
- Poland (0.7M units)
Relay Exports in Denmark
In 2022, relay exports from Denmark declined slightly to 13M units, therefore, remained relatively stable against 2021. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of 13M units, and then declined slightly in the following year.
In value terms, relay exports dropped to $35M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of $40M, and then fell in the following year.
| Export of Relay in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.0 | 4.5 | 6.8 | 5.6 | -2.3% |
| United States | 0.6 | 1.0 | 2.0 | 3.0 | 71.0% |
| Germany | 3.6 | 3.5 | 4.0 | 2.8 | -8.0% |
| Finland | 1.8 | 1.7 | 2.7 | 2.3 | 8.5% |
| Thailand | 1.8 | 2.1 | 1.8 | 2.3 | 8.5% |
| India | 0.3 | 1.1 | 2.0 | 1.9 | 85.0% |
| Sweden | 1.2 | 1.0 | 1.2 | 1.6 | 10.1% |
| Norway | 0.3 | 0.8 | 1.6 | 1.3 | 63.0% |
| Mexico | 0.3 | 0.1 | 0.2 | 1.1 | 54.2% |
| Romania | 0.6 | 0.4 | 0.5 | 0.8 | 10.1% |
| United Kingdom | 1.8 | 1.0 | 1.1 | 0.8 | -23.7% |
| Turkey | 0.1 | 0.1 | 0.3 | 0.5 | 71.0% |
| Spain | 1.2 | 0.9 | 0.7 | 0.5 | -25.3% |
| Others | 15.6 | 14.2 | 15.0 | 10.3 | -12.9% |
| Total | 35.2 | 32.5 | 39.7 | 34.6 | -0.6% |
Top Export Markets for Relay from Denmark in 2022:
- Poland (3294.3K units)
- United States (1250.1K units)
- Germany (936.7K units)
- India (662.1K units)
- Thailand (397.7K units)
- Sweden (393.7K units)
- Romania (375.4K units)
- Turkey (351.5K units)
- Finland (344.3K units)
- Spain (328.4K units)
- Norway (300.8K units)
- Mexico (275.8K units)
- United Kingdom (256.4K units)
This report provides an in-depth analysis of the relay 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 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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