Denmark: Files And Rasps Market 2024

Files And Rasps Market Size in Denmark

In 2022, the Danish files and rasps market increased by 17% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a noticeable decline. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Files And Rasps Production in Denmark

In value terms, files and rasps production dropped dramatically to $X in 2022 estimated in export price. In general, production recorded a precipitous decline. The growth pace was the most rapid in 2019 when the production volume increased by 266% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Files And Rasps Exports

Exports from Denmark

In 2022, overseas shipments of files, rasps and similar tools were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 129% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, files and rasps exports soared to $X in 2022. Over the period under review, exports posted prominent growth. The pace of growth appeared the most rapid in 2019 when exports increased by 176% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X units), Faroe Islands (X units) and Greenland (X units) were the main destinations of files and rasps exports from Denmark, together comprising 44% of total exports. These countries were followed by South Korea, Germany, the Netherlands, the United Arab Emirates, Norway, Iceland, Finland, the United States and the Philippines, which together accounted for a further 46%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +76.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for files and rasps exported from Denmark were Greenland ($X), Faroe Islands ($X) and South Korea ($X), together accounting for 49% of total exports. Norway, Sweden, Germany, the United States, the Netherlands, Iceland, Finland, the United Arab Emirates and the Philippines lagged somewhat behind, together accounting for a further 37%.

Among the main countries of destination, the United Arab Emirates, with a CAGR of +69.4%, saw 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 files and rasps export price amounted to $X per unit, approximately equating the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, files and rasps export price increased by +6.1% against 2020 indices. The growth pace was the most rapid in 2015 when the average export price increased by 42%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greenland ($X per unit), while the average price for exports to the United Arab Emirates ($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 Norway (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Files And Rasps Imports

Imports into Denmark

In 2022, purchases abroad of files, rasps and similar tools increased by 26% to X units, rising for the third year in a row after five years of decline. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 160% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, files and rasps imports expanded sharply to $X in 2022. In general, imports, however, showed a slight decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 50%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Sweden (X units) were the main suppliers of files and rasps imports to Denmark, with a combined 67% share of total imports. The Netherlands, Italy, Norway, Belgium and the United States lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +92.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Sweden ($X) and Germany ($X) appeared to be the largest files and rasps suppliers to Denmark, together comprising 57% of total imports.

The Netherlands, with a CAGR of +75.2%, saw the highest rates of growth with regard to 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

The average files and rasps import price stood at $X per unit in 2022, waning by -10.8% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, files and rasps import price decreased by -22.3% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of 73%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :