Denmark: Aircraft Launching Gear Market 2022

Aircraft Launching Gear Market Size in Denmark

The Danish aircraft launching gear market fell remarkably to $X in 2021, shrinking by -47.1% against the previous year. Over the period under review, consumption faced a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Aircraft Launching Gear Production in Denmark

In value terms, aircraft launching gear production declined remarkably to $X in 2021 estimated in export price. Over the period under review, production saw a sharp descent. As a result, production attained the peak level of $X, and then declined notably in the following year.

Aircraft Launching Gear Exports

Exports from Denmark

In 2021, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof exported from Denmark surged to X kg, growing by 290% compared with the previous year. Overall, exports, however, faced a sharp setback. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, aircraft launching gear exports surged to $X in 2021. In general, exports, however, showed a precipitous decline. The pace of growth appeared the most rapid in 2015 with an increase of 1,396%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X kg), France (X kg) and Germany (X kg) were the main destinations of aircraft launching gear exports from Denmark.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +33.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Norway ($X) and Germany ($X) were the largest markets for aircraft launching gear exported from Denmark worldwide, together comprising 99.9% of total exports.

France, with a CAGR of +17.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average aircraft launching gear export price amounted to $X per ton, surging by 80% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 417%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Aircraft Launching Gear Imports

Imports into Denmark

For the fourth year in a row, Denmark recorded decline in purchases abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof, which decreased by 0% to X kg in 2021. Overall, imports showed a significant curtailment. The pace of growth was the most pronounced in 2013 with an increase of 33% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, aircraft launching gear imports amounted to $X in 2021. In general, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2019 with an increase of 44%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest aircraft launching gear supplier to Denmark, with a 70% share of total imports. Moreover, aircraft launching gear imports from the United States exceeded the figures recorded by the second-largest supplier, the Netherlands (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+41.4% per year) and the UK (-18.1% per year).

In value terms, the United States ($X) constituted the largest supplier of aircraft launching gear to Denmark, comprising 65% of total imports. The second position in the ranking was taken by the UK ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United States stood at -35.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.2% per year) and the Netherlands (+170.1% per year).

Import Prices by Country

The average aircraft launching gear import price stood at $X per ton in 2021, flattening at the previous year. In general, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+94.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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