Denmark: Laser Market Overview 2021

Laser Market Size in Denmark

The Danish laser market amounted to $X in 2020, with an increase of X% against the previous year. In general, the total consumption indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level in 2020 and is likely to continue growth in the immediate term.

Laser Production in Denmark

In value terms, laser production expanded markedly to $X in 2020 estimated in export prices. In general, production posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, production attained the maximum level in 2020 and is likely to see gradual growth in years to come.

Laser Exports

Exports from Denmark

In 2020, overseas shipments of lasers, other than laser diodes decreased by -X% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Exports peaked at X units in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, laser exports contracted dramatically to $X in 2020. Over the period under review, exports, however, recorded a noticeable increase. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2019, and then declined dramatically in the following year.

Exports by Country

The U.S. (X units), Japan (X units) and Hong Kong SAR (X units) were the main destinations of laser exports from Denmark, together comprising X% of total exports. China, Norway, Turkey, India and Australia 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 China, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for laser exported from Denmark were the U.S. ($X), India ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.

India recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average laser export price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per unit. From 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was India ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to India, while the prices for the other major destinations experienced a decline.

Laser Imports

Imports into Denmark

In 2020, purchases abroad of lasers, other than laser diodes decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, laser imports shrank to $X in 2020. In general, imports enjoyed a measured expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2019, and then shrank in the following year.

Imports by Country

The UK (X units), Switzerland (X units) and Germany (X units) were the main suppliers of laser imports to Denmark, with a combined X% share of total imports. Sweden, the U.S., Lithuania and the Netherlands lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Sweden ($X) were the largest laser suppliers to Denmark, with a combined X% share of total imports. The U.S., Lithuania, Switzerland and the Netherlands lagged somewhat behind, together accounting for a further X the main suppliers, Lithuania (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average laser import price stood at $X per unit in 2020, picking up by X% against the previous year. Over the period under review, the import price showed pronounced growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform