Denmark: Smart Card Market Overview 2020

Smart Card Market Size in Denmark

The revenue of the smart card market in Denmark amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, smart card consumption continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Over the period under review, the smart card market attained its peak figure level at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Smart Card Production in Denmark

In value terms, smart card production stood at $X in 2018 estimated in export prices. Overall, smart card production continues to indicate significant growth. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. Over the period under review, smart card production attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Smart Card Exports

Exports from Denmark

In 2018, approx. X units of cards incorporating an electronic integrated circuit (smart card) were exported from Denmark; shrinking by -X% against the previous year. Over the period under review, smart card exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. In that year, smart card exports attained their peak of X units. From 2012 to 2018, the growth of smart card exports remained at a lower figure.

In value terms, smart card exports stood at $X in 2018. Over the period under review, smart card exports continue to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Senegal (X units), Tanzania (X units) and Sweden (X units) were the main destinations of smart card exports from Denmark, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Senegal, while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for smart card exports from Denmark, comprising X% of total smart card exports. The second position in the ranking was occupied by Tajikistan ($X), with a X% share of total exports. It was followed by Tanzania, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Sweden totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+X% per year) and Tanzania (-X% per year).

Export Prices by Country

In 2018, the average smart card export price amounted to $X per unit, growing by X% against the previous year. Overall, the smart card export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for cards incorporating an electronic integrated circuit (smart card) attained their peak figure at $X per unit in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan, while the prices for the other major destinations experienced a decline.

Smart Card Imports

Imports into Denmark

In 2018, the amount of cards incorporating an electronic integrated circuit (smart card) imported into Denmark totaled X units, falling by -X% against the previous year. Over the period under review, smart card imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, smart card imports amounted to $X in 2018. Overall, smart card imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X units) constituted the largest supplier of smart card to Denmark, with a X% share of total imports. Moreover, smart card imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), fourfold. Pakistan (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Pakistan (+X% per year).

In value terms, France ($X), Sweden ($X) and China ($X) appeared to be the largest smart card suppliers to Denmark, with a combined X% share of total imports. Singapore, Germany, the Netherlands and Pakistan lagged somewhat behind, together accounting for a further X (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average smart card import price stood at $X per unit in 2018, going down by -X% against the previous year. Overall, the import price indicated perceptible growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, smart card import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. The import price peaked at $X per unit in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform