Denmark - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpark Plug Price in Denmark - 2023
Contents:
- Spark Plug Price in Denmark (CIF) - 2023
- Spark Plug Price in Denmark (FOB) - 2022
- Spark Plug Imports in Denmark
- Spark Plug Exports in Denmark
Spark Plug Price in Denmark (CIF) - 2023
In August 2023, the average spark plug import price amounted to $28.2 per unit, declining by -46.7% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 161% m-o-m. The import price peaked at $62.9 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($291 per unit), while the price for Italy ($9.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Spark Plug Price in Denmark (FOB) - 2022
In 2022, the average spark plug export price amounted to $0.9 per unit, reducing by -54.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 80% against the previous year. The export price peaked at $3.2 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Sweden ($0.9 per unit) and Norway ($0.9 per unit), while the average price for exports to Singapore ($0.9 per unit) and the UK ($0.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-0.1%), while the prices for the other major destinations experienced a decline.
Spark Plug Imports in Denmark
In 2022, imports of sparking plugs into Denmark surged to 3M units, jumping by 28% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.2% 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 decreased by -17.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports attained the peak of 3.6M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spark plug imports fell to $11M in 2022. Overall, imports continue to indicate prominent growth. The growth pace was the most rapid in 2020 with an increase of 113%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Spark Plug in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 9.3 | 7.1 | 6.7 | 15.9% |
| Belgium | 0.5 | 0.9 | 0.8 | 0.8 | 17.0% |
| Netherlands | 0.4 | 0.7 | 0.8 | 0.7 | 20.5% |
| Japan | 0.6 | 1.1 | 0.6 | 0.7 | 5.3% |
| Sweden | 0.3 | 0.6 | 0.6 | 0.6 | 26.0% |
| France | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| United States | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Poland | N/A | 0.2 | 0.5 | 0.2 | 0.0% |
| Others | 0.2 | 0.8 | 0.6 | 0.4 | 26.0% |
| Total | 6.7 | 14.3 | 11.5 | 10.6 | 16.5% |
Top Suppliers of Spark Plug to Denmark in 2022:
- Germany (1884.1K units)
- Belgium (227.3K units)
- Japan (186.9K units)
- Netherlands (183.7K units)
- Sweden (156.0K units)
- France (107.7K units)
- United States (93.4K units)
- Poland (51.4K units)
Spark Plug Exports in Denmark
In 2022, the amount of sparking plugs exported from Denmark skyrocketed to 13M units, increasing by 214% against the year before. Over the period under review, exports enjoyed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, spark plug exports surged to $12M in 2022. Overall, exports, however, showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. The exports peaked at $16M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Spark Plug in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,438 | 581 | 572 | 2,077 | 13.0% |
| Germany | 1,105 | 287 | 370 | 1,697 | 15.4% |
| United States | 914 | 516 | 1,802 | 1,680 | 22.5% |
| United Kingdom | 1,836 | 38.1 | 1,144 | 1,092 | -15.9% |
| Sweden | 485 | 414 | 602 | 567 | 5.3% |
| Norway | 141 | 319 | 335 | 434 | 45.5% |
| Finland | 198 | 131 | 172 | 359 | 21.9% |
| France | 606 | 232 | 231 | 353 | -16.5% |
| Singapore | 4,775 | 70.5 | 31.8 | 318 | -59.5% |
| Turkey | 206 | 148 | 281 | 251 | 6.8% |
| South Korea | 223 | 336 | 305 | 248 | 3.6% |
| Switzerland | 143 | 247 | 150 | 211 | 13.8% |
| Poland | 124 | 94.1 | 51.5 | 199 | 17.1% |
| Others | 3,500 | 1,579 | 2,129 | 2,190 | -14.5% |
| Total | 15,694 | 4,992 | 8,177 | 11,676 | -9.4% |
Top Export Markets for Spark Plug from Denmark in 2022:
- China (2227.5K units)
- Germany (1819.7K units)
- United States (1801.2K units)
- United Kingdom (1170.8K units)
- Sweden (608.2K units)
- Norway (465.4K units)
- Finland (385.3K units)
- France (378.7K units)
- Singapore (340.9K units)
- Turkey (269.1K units)
- South Korea (266.1K units)
- Switzerland (226.3K units)
- Poland (213.2K units)
This report provides an in-depth analysis of the spark plug 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 29312130 - Sparking plugs
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.
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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
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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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