Denmark: Engine Generator Market Overview 2021

Engine Generator Market Size in Denmark

The Danish engine generator market skyrocketed to $X in 2020, rising by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Engine Generator Production in Denmark

In value terms, engine generator production totaled $X in 2020 estimated in export prices. In general, production showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2009; however, from 2010 to 2020, production stood at a somewhat lower figure.

Engine Generator Exports

Exports from Denmark

For the tenth year in a row, Denmark recorded decline in overseas shipments of generators for internal combustion engines, which decreased by -X% to X units in 2020. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, exports attained the peak of X units. From 2011 to 2020, the growth exports remained at a lower figure.

In value terms, engine generator exports declined rapidly to $X in 2020. In general, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), Spain (X units) and France (X units) were the main destinations of engine generator exports from Denmark, with a combined X% share of total exports. Poland, Sweden, Italy, Finland, the UK, Norway, the U.S., Russia and Greece lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S., while exports for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for engine generator exported from Denmark were Germany ($X), Spain ($X) and France ($X), with a combined X% share of total exports. Poland, Sweden, Italy, Finland, the UK, Norway, the U.S., Russia and Greece lagged somewhat behind, together accounting for a further X U.S. saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average engine generator export price amounted to $X per unit, rising by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. The export price peaked in 2020 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2020, the highest prices were recorded for prices to Norway ($X per unit) and Greece ($X per unit), while the average price for exports to Poland ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Denmark

In 2020, overseas purchases of generators for internal combustion engines decreased by -X% to X units, falling for the third year in a row after three years of growth. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, engine generator imports reduced to $X in 2020. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2013 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest engine generator supplier to Denmark, with a X% share of total imports. Moreover, engine generator imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was occupied by Poland (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Poland (-X% per year).

In value terms, the largest engine generator suppliers to Denmark were China ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. The Netherlands, Switzerland, Italy and India lagged somewhat behind, together comprising a further X Netherlands 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

The average engine generator import price stood at $X per unit in 2020, picking up by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for generators for internal combustion engines in the world?

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The countries with the highest volumes of engine generator consumption in 2020 were China (67M units), the U.S. (44M units) and India (24M units), with a combined 52% share of global consumption. These countries were followed by Japan, Mexico, Indonesia, France, Brazil, the UK, Italy, Spain, Turkey and South Korea, which together accounted for a further 30%.

What are the largest producers of generators for internal combustion engines in the world?

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The countries with the highest volumes of engine generator production in 2020 were China (70M units), the U.S. (38M units) and India (24M units), together accounting for 50% of global production. Japan, France, Mexico, Indonesia, Italy, South Korea, Brazil, Turkey, the UK and Spain lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of generators for internal combustion engines to Denmark?

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In value terms, the largest engine generator suppliers to Denmark were China ($7.2M), Germany ($6.3M) and Poland ($1.6M), together comprising 79% of total imports. These countries were followed by the Netherlands, Switzerland, Italy and India, which together accounted for a further 11%.

What are the leading importers of generators for internal combustion engines from Denmark?

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In value terms, the largest markets for engine generator exported from Denmark were Germany ($2.6M), Spain ($2.6M) and France ($2.4M), with a combined 42% share of total exports. Poland, Sweden, Italy, Finland, the UK, Norway, the U.S., Russia and Greece lagged somewhat behind, together accounting for a further 39%.

What is the average export price for generators for internal combustion engines in Denmark?

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In 2020, the average engine generator export price amounted to $74 per unit, increasing by 8.8% against the previous year.

What is the average import price for generators for internal combustion engines in Denmark?

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In 2020, the average engine generator import price amounted to $71 per unit, increasing by 21% against the previous year.