Denmark: Diode Market 2022

Diode Market Size in Denmark

In 2021, the Danish diode market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the near future.

Diode Production in Denmark

In value terms, diode production reduced modestly to $X in 2021 estimated in export price. In general, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 4,497% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Diode Exports

Exports from Denmark

In 2021, overseas shipments of diodes, other than photosensitive or light emitting diodes were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports posted a perceptible expansion. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, diode exports surged to $X in 2021. Overall, exports recorded a prominent increase. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X units), the UK (X units) and Germany (X units) were the main destinations of diode exports from Denmark, together accounting for 58% of total exports. These countries were followed by Norway, China, Romania, the United States, Faroe Islands, Sweden, Hong Kong SAR, Thailand, Hungary and the Czech Republic, which together accounted for a further 31%.

From 2012 to 2021, the biggest increases were in Hong Kong SAR (with a CAGR of +77.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for diode exports from Denmark, comprising 45% of total exports. The second position in the ranking was taken by Poland ($X), with a 22% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +31.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+28.8% per year) and the UK (+24.6% per year).

Export Prices by Country

In 2021, the average diode export price amounted to $X per thousand units, with an increase of 131% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Diode Imports

Imports into Denmark

In 2021, after two years of decline, there was significant growth in overseas purchases of diodes, other than photosensitive or light emitting diodes, when their volume increased by 28% to X units. The total import volume increased at an average annual rate of +1.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, diode imports soared to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest diode supplier to Denmark, accounting for a 66% share of total imports. Moreover, diode imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. Belgium (X units) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Belgium (+20.4% per year).

In value terms, Germany ($X) constituted the largest supplier of diode to Denmark, comprising 48% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total imports. It was followed by China, with a 9.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+13.0% per year) and China (+4.1% per year).

Import Prices by Country

In 2021, the average diode import price amounted to $X per thousand units, rising by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2019 when the average import price increased by 14%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per thousand units), while the price for Belgium ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :