Denmark: Levels Market 2024

Levels Market Size in Denmark

In 2022, after two years of growth, there was decline in the Danish levels market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed a remarkable increase. Levels consumption peaked at $X in 2021, and then reduced modestly in the following year.

Levels Production in Denmark

In value terms, levels production rose to $X in 2022 estimated in export price. Overall, production recorded a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Levels Exports

Exports from Denmark

In 2022, levels exports from Denmark reduced markedly to X units, falling by X% compared with the previous year's figure. In general, exports saw a perceptible contraction. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, levels exports reduced remarkably to $X in 2022. Over the period under review, exports, however, showed a mild increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X units), the UK (X units) and Faroe Islands (X units) were the main destinations of levels exports from Denmark, together comprising X% of total exports. Norway, Sweden, Italy, Iceland, Australia, South Africa, Poland and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for levels exported from Denmark were Italy ($X), Iceland ($X) and Norway ($X), together accounting for X% of total exports.

Iceland, with a CAGR of X%, saw 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 2022, the average levels export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per unit), while the average price for exports to Australia ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Levels Imports

Imports into Denmark

For the eleventh year in a row, Denmark recorded growth in overseas purchases of levels, which increased by X% to X units in 2022. In general, imports saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, levels imports dropped to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of levels imports to Denmark, together comprising X% of total imports. Sweden, Slovenia, Switzerland, Belgium and the United States lagged somewhat behind, together comprising a further X%.

From 2020 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Sweden ($X) constituted the largest levels suppliers to Denmark, with a combined X% share of total imports. The Netherlands, Switzerland, Belgium, Slovenia and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Belgium, with a CAGR of X%, 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

In 2022, the average levels import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price saw a deep reduction. The growth pace was the most rapid in 2021 a decrease of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood 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 ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform