Denmark: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2022

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Denmark

In 2021, the Danish digital data processing machine market increased by 21% to $X, rising for the third consecutive year after four years of decline. Overall, consumption posted a measured increase. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in years to come.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Denmark

In value terms, digital data processing machine production contracted slightly to $X in 2021 estimated in export price. In general, production recorded a prominent increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 72% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Denmark

In 2021, overseas shipments of digital data processing machines: presented in the form of systems increased by 16% to X units, rising for the second consecutive year after two years of decline. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 61% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, digital data processing machine exports surged to $X in 2021. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 99% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Norway (X units), Sweden (X units) and the United States (X units) were the main destinations of digital data processing machine exports from Denmark, with a combined 46% share of total exports. Poland, the Netherlands, the UK, Germany, Indonesia, Finland, the United Arab Emirates, France, Estonia and Russia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +75.9%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Norway ($X) and the United States ($X) appeared to be the largest markets for digital data processing machine exported from Denmark worldwide, together comprising 56% of total exports. Sweden, the Netherlands, the UK, Germany, Finland, Poland, Estonia, the United Arab Emirates, France and Russia lagged somewhat behind, together comprising a further 28%.

In terms of the main countries of destination, Poland, with a CAGR of +50.6%, recorded 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

The average digital data processing machine export price stood at $X per unit in 2021, increasing by 49% against the previous year. Overall, the export price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by 50%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Denmark

In 2021, purchases abroad of digital data processing machines: presented in the form of systems increased by 47% to X units, rising for the second consecutive year after five years of decline. In general, imports continue to indicate a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 114%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, digital data processing machine imports rose rapidly to $X in 2021. Overall, imports continue to indicate a notable increase. The pace of growth appeared the most rapid in 2020 with an increase of 154% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Poland (X units) constituted the largest digital data processing machine supplier to Denmark, accounting for a 63% share of total imports. Moreover, digital data processing machine imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. The third position in this ranking was held by Sweden (X units), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from Poland amounted to +318.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+34.2% per year) and Sweden (-15.8% per year).

In value terms, Poland ($X), the Netherlands ($X) and Sweden ($X) were the largest digital data processing machine suppliers to Denmark, with a combined 79% share of total imports.

Poland, with a CAGR of +298.8%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average digital data processing machine import price amounted to $X per unit, waning by -24.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 25% against the previous year. The import price peaked at $X per unit in 2020, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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