Denmark: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in Denmark

The Danish transportation vehicle body market soared to $X in 2022, rising by X% against the previous year. Over the period under review, consumption recorded a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Transportation Vehicle Body Production in Denmark

In value terms, transportation vehicle body production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Transportation vehicle body production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Transportation Vehicle Body Exports

Exports from Denmark

In 2022, the amount of bodies for motor vehicles for the transporting people exported from Denmark skyrocketed to X units, increasing by X% against the previous year. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Norway (X units) was the main destination for transportation vehicle body exports from Denmark, with a X% share of total exports. Moreover, transportation vehicle body exports to Norway exceeded the volume sent to the second major destination, Senegal (X units), sixfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and the United Arab Emirates (X% per year).

In value terms, Norway ($X) emerged as the key foreign market for bodies for motor vehicles for the transporting people exports from Denmark, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Norway totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average transportation vehicle body export price amounted to $X per unit, stabilizing at the previous year. Overall, the export price, however, showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Senegal ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transportation Vehicle Body Imports

Imports into Denmark

After two years of decline, purchases abroad of bodies for motor vehicles for the transporting people increased by X% to X units in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body imports skyrocketed to $X in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of transportation vehicle body to Denmark, accounting for a X% share of total imports. Moreover, transportation vehicle body imports from Italy exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and the Netherlands (X% per year).

In value terms, Italy ($X), the Netherlands ($X) and the Czech Republic ($X) were the largest transportation vehicle body suppliers to Denmark, together accounting for X% of total imports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average transportation vehicle body import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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