Denmark: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Denmark

The Danish balloon and dirigible market declined dramatically to $X in 2023, reducing by X% against the previous year. In general, consumption recorded a precipitous decline. Balloon and dirigible consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Balloon And Dirigible Production in Denmark

In value terms, balloon and dirigible production shrank sharply to $X in 2023 estimated in export price. Overall, production saw a perceptible reduction. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

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Balloon And Dirigible Exports

Exports from Denmark

Balloon and dirigible exports from Denmark soared to X units in 2023, increasing by X% compared with the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, balloon and dirigible exports surged to $X in 2023. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for balloon and dirigible exports from Denmark, with a X% share of total exports. It was followed by Qatar (X units), with a X% share of total exports. Greenland (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Greenland (X% per year).

In value terms, the UK ($X) emerged as the key foreign market for balloons, dirigibles and other non-powered aircraft exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with an X% share of total exports. It was followed by Greenland, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Greenland (X% per year).

Export Prices by Country

In 2023, the average balloon and dirigible export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (X%), while the prices for the other major destinations experienced a decline.

Balloon And Dirigible Imports

Imports into Denmark

After two years of growth, purchases abroad of balloons, dirigibles and other non-powered aircraft decreased by X% to X units in 2023. Overall, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, balloon and dirigible imports declined slightly to $X in 2023. Over the period under review, imports, however, recorded measured growth. The pace of growth appeared the most rapid in 2022 when imports increased by X%. As a result, imports reached the peak of $X, and then declined slightly in the following year.

Imports by Country

In 2023, the UK (X units) constituted the largest supplier of balloon and dirigible to Denmark, accounting for a X% share of total imports. Moreover, balloon and dirigible imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, the largest balloon and dirigible suppliers to Denmark were China ($X), the UK ($X) and Japan ($X), with a combined X% share of total imports.

Among the main suppliers, the UK, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average balloon and dirigible import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform