Denmark: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Denmark

In 2022, after two years of growth, there was significant decline in the Danish market for motor vehicle chassis fitted with engines, when its value decreased by X% to $X. Over the period under review, the total consumption indicated strong growth 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, consumption increased by X% against 2017 indices. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Production of Motor Vehicle Chassis Fitted With Engines in Denmark

In value terms, production of motor vehicle chassis fitted with engines rose to $X in 2022 estimated in export price. In general, production posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Denmark

In 2022, shipments abroad of motor vehicle chassis fitted with engines increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports enjoyed a significant increase. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines soared to $X in 2022. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Greenland (X units), Latvia (X units) and the UK (X units) were the main destinations of exports of motor vehicle chassis fitted with engines from Denmark, with a combined X% share of total exports.

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

In value terms, the UK ($X) remains the key foreign market for motor vehicle chassis fitted with engines exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with an X% share of total exports. It was followed by Greenland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Greenland (X% per year).

Export Prices by Country

The average export price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Denmark

In 2022, purchases abroad of motor vehicle chassis fitted with engines increased by X% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated a resilient increase from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of motor vehicle chassis fitted with engines dropped to $X in 2022. Overall, total imports indicated a prominent expansion 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Sweden (X units) and Latvia (X units) were the main suppliers of imports of motor vehicle chassis fitted with engines to Denmark, together comprising X% of total imports. India, Belgium, France and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, the Netherlands ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Denmark, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, reducing by X% against the previous year. Overall, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform