Denmark: Circuit Breaker Market 2024

Circuit Breaker Market Size in Denmark

In 2022, the Danish circuit breaker market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Circuit Breaker Production in Denmark

In value terms, circuit breaker production contracted rapidly to $X in 2022 estimated in export price. In general, production, however, recorded resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production reached the peak level of $X, and then shrank dramatically in the following year.

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Circuit Breaker Exports

Exports from Denmark

For the third consecutive year, Denmark recorded growth in shipments abroad of automatic circuit breakers, which increased by X% to X units in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, circuit breaker exports reduced to $X in 2022. In general, exports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Faroe Islands (X units), Germany (X units) and the United States (X units) were the main destinations of circuit breaker exports from Denmark, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Faroe Islands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for circuit breaker exported from Denmark were Germany ($X), the United States ($X) and India ($X), with a combined X% share of total exports. Sweden, China, Poland, Faroe Islands, Norway, Brazil, the Netherlands, Australia, Iceland and Thailand lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average circuit breaker export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Faroe Islands ($X 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 Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Circuit Breaker Imports

Imports into Denmark

In 2022, approx. X units of automatic circuit breakers were imported into Denmark; picking up by X% against 2021 figures. Over the period under review, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, circuit breaker imports expanded significantly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X units) constituted the largest circuit breaker supplier to Denmark, accounting for a X% share of total imports. Moreover, circuit breaker imports from Sweden exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of automatic circuit breakers to Denmark, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average circuit breaker import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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