Speed Changer Price in Denmark - 2023
Contents:
- Speed Changer Price in Denmark (FOB) - 2022
- Speed Changer Price in Denmark (CIF) - 2023
- Speed Changer Exports in Denmark
- Speed Changer Imports in Denmark
Speed Changer Price in Denmark (FOB) - 2022
In 2022, the average speed changer export price amounted to $8,497 per ton, falling by -6.9% against the previous year. Overall, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2021 an increase of 20%. The export price peaked at $14,791 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($24,783 per ton), while the average price for exports to Portugal ($5,064 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Speed Changer Price in Denmark (CIF) - 2023
The average speed changer import price stood at $9,977 per ton in May 2023, rising by 3.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 when the average import price increased by 14% month-to-month. As a result, import price reached the peak level of $10,236 per ton. From November 2022 to May 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Finland ($18,280 per ton), while the price for Poland ($674 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Finland (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Speed Changer Exports in Denmark
In 2022, the amount of speed changers, industrial high-speed drives and gear exported from Denmark reached 63K tons, approximately mirroring the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. As a result, the exports attained the peak of 74K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, speed changer exports dropped to $537M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year.
| Export of Speed Changer in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 44.0 | 39.3 | 37.9 | 128 | 42.8% |
| Germany | 71.5 | 73.2 | 73.0 | 63.6 | -3.8% |
| Netherlands | 16.4 | 20.5 | 36.8 | 31.3 | 24.0% |
| Austria | 11.0 | 1.3 | 8.3 | 29.2 | 38.5% |
| Poland | 8.4 | 14.8 | 22.1 | 29.1 | 51.3% |
| Belgium | 7.5 | 11.7 | 9.9 | 28.8 | 56.6% |
| United Kingdom | 11.9 | 13.6 | 28.9 | 28.0 | 33.0% |
| Spain | 25.7 | 6.1 | 12.2 | 21.3 | -6.1% |
| Portugal | 2.9 | 0.3 | 8.8 | 20.2 | 91.0% |
| United States | 116 | 97.7 | 19.2 | 20.1 | -44.2% |
| Ireland | 3.0 | 1.1 | 3.2 | 15.7 | 73.6% |
| Italy | 15.8 | 12.5 | 18.8 | 15.5 | -0.6% |
| Sweden | 33.6 | 16.5 | 54.0 | 12.7 | -27.7% |
| Others | 129 | 253 | 236 | 93.9 | -10.0% |
| Total | 497 | 561 | 569 | 537 | 2.6% |
Top Export Markets for Speed Changer from Denmark in 2022:
- France (15.8K tons)
- Germany (8.1K tons)
- Austria (4.7K tons)
- Netherlands (4.2K tons)
- Portugal (4.0K tons)
- Poland (3.6K tons)
- Spain (3.6K tons)
- United Kingdom (3.0K tons)
- Italy (2.9K tons)
- Ireland (2.3K tons)
- United States (1.9K tons)
- Belgium (1.9K tons)
- Sweden (0.5K tons)
Speed Changer Imports in Denmark
In 2022, supplies from abroad of speed changers, industrial high-speed drives and gear decreased by -32.7% to 37K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 11% against the previous year. As a result, imports reached the peak of 73K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, speed changer imports shrank remarkably to $368M in 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 9.6% against the previous year. As a result, imports attained the peak of $642M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Speed Changer in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 368 | 381 | 346 | 176 | -21.8% |
| Belgium | 118 | 178 | 75.0 | 49.2 | -25.3% |
| Italy | 48.3 | 38.6 | 37.2 | 44.0 | -3.1% |
| China | 15.9 | 10.1 | 10.6 | 20.3 | 8.5% |
| Sweden | 4.9 | 7.0 | 7.2 | 8.6 | 20.6% |
| United Kingdom | 3.0 | 3.4 | 3.5 | 5.5 | 22.4% |
| Poland | 0.7 | 0.5 | 2.5 | 5.3 | 96.4% |
| Spain | 7.2 | 4.7 | 5.3 | 2.6 | -28.8% |
| Others | 19.9 | 20.0 | 30.4 | 56.8 | 41.9% |
| Total | 586 | 642 | 518 | 368 | -14.4% |
Top Suppliers of Speed Changer to Denmark in 2022:
- Germany (18.1K tons)
- Belgium (5.4K tons)
- Italy (4.3K tons)
- China (1.9K tons)
- United Kingdom (0.9K tons)
- Sweden (0.8K tons)
- Poland (0.7K tons)
- Spain (0.4K tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
