Denmark: Market for Continuous-Action Elevators And Conveyors 2024

Market Size for Continuous-Action Elevators And Conveyors in Denmark

The Danish continuous-action elevators and conveyors market plummeted to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a noticeable expansion. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

Production of Continuous-Action Elevators And Conveyors in Denmark

In value terms, continuous-action elevators and conveyors production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Continuous-action elevators and conveyors production peaked in 2022 and is likely to see gradual growth in the near future.

Exports of Continuous-Action Elevators And Conveyors

Exports from Denmark

For the third consecutive year, Denmark recorded growth in shipments abroad of continuous-action elevators and conveyors, which increased by X% to X units in 2022. Over the period under review, total exports indicated a pronounced 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. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, continuous-action elevators and conveyors exports reduced to $X in 2022. Overall, total exports indicated noticeable growth 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

The UK (X units), Germany (X units) and the United States (X units) were the main destinations of continuous-action elevators and conveyors exports from Denmark, with a combined X% share of total exports. Sweden, the Czech Republic, France, Australia, Norway, Poland, Brazil, Spain, Austria and Romania lagged somewhat behind, together accounting for a further X%.

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

In value terms, the UK ($X), Germany ($X) and the United States ($X) constituted the largest markets for continuous-action elevators and conveyors exported from Denmark worldwide, together comprising X% of total exports. Sweden, Australia, the Czech Republic, Norway, France, Poland, Spain, Brazil, Austria and Romania lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Australia, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

Imports of Continuous-Action Elevators And Conveyors

Imports into Denmark

In 2022, imports of continuous-action elevators and conveyors into Denmark expanded sharply to X units, growing by X% on the year before. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, continuous-action elevators and conveyors imports reached $X in 2022. Over the period under review, total imports indicated a remarkable increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Poland (X units), China (X units) and Hungary (X units) were the main suppliers of continuous-action elevators and conveyors imports to Denmark, with a combined X% share of total imports. Turkey, Italy, Spain, France, the United States, Germany, the Czech Republic, Slovakia, the Netherlands and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) were the largest continuous-action elevators and conveyors suppliers to Denmark, together accounting for X% of total imports. China, Slovakia, Turkey, the United States, Spain, France, Italy, Hungary, the Czech Republic and the UK lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 continuous-action elevators and conveyors import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price saw a deep slump. The pace of growth appeared the most rapid in 2016 when the average import price decreased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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