Denmark: Electromagnetic Lifting Head Market 2024

Electromagnetic Lifting Head Market Size in Denmark

In 2022, the Danish electromagnetic lifting head market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a strong increase. Electromagnetic lifting head consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Electromagnetic Lifting Head Production in Denmark

In value terms, electromagnetic lifting head production dropped to $X in 2022 estimated in export price. In general, the total production indicated a buoyant 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Electromagnetic Lifting Head Exports

Exports from Denmark

In 2022, overseas shipments of electromagnets and electromagnetic lifting heads decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, electromagnetic lifting head exports reduced to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main destinations of electromagnetic lifting head exports from Denmark, with a combined X% share of total exports. Brazil, the United Arab Emirates, the United States, the Czech Republic, France, Sweden, Poland, Mexico, the UK and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electromagnetic lifting head exported from Denmark were Germany ($X), Italy ($X) and China ($X), with a combined X% share of total exports. The UK, the United Arab Emirates, the United States, Brazil, Sweden, Poland, the Czech Republic, the Netherlands, France and Mexico lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of 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 electromagnetic lifting head export price amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Brazil ($X per ton) 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.

Electromagnetic Lifting Head Imports

Imports into Denmark

Electromagnetic lifting head imports into Denmark reached X tons in 2022, growing by X% compared with the previous year's figure. Overall, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, electromagnetic lifting head imports stood at $X in 2022. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Poland (X tons), China (X tons) and Germany (X tons) were the main suppliers of electromagnetic lifting head imports to Denmark, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electromagnetic lifting head suppliers to Denmark were Poland ($X), China ($X) and Germany ($X), with a combined X% share of total imports.

Poland, 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 electromagnetic lifting head import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :