Denmark: Non-Electric Bakery Oven Market 2022

Non-Electric Bakery Oven Market Size in Denmark

The Danish non-electric bakery oven market stood at $X in 2020, remaining relatively unchanged against the previous year. Overall, consumption showed a mild reduction. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Non-Electric Bakery Oven Production in Denmark

In value terms, non-electric bakery oven production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a deep contraction. Non-electric bakery oven production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Electric Bakery Oven Exports

Exports from Denmark

In 2021, exports of non-electric bakery ovens from Denmark soared to X units, picking up by X% on 2020 figures. Overall, exports continue to indicate mild growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, non-electric bakery oven exports surged to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), the United States (X units) and India (X units) were the main destinations of non-electric bakery oven exports from Denmark, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for non-electric bakery oven exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and India (+X% per year).

Export Prices by Country

The average non-electric bakery oven export price stood at $X per unit in 2021, which is down by -X% against the previous year. Overall, the export price recorded a slight slump. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Bakery Oven Imports

Imports into Denmark

For the fourth consecutive year, Denmark recorded decline in supplies from abroad of non-electric bakery ovens, which decreased by -X% to X units in 2021. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, non-electric bakery oven imports contracted sharply to $X in 2021. In general, imports, however, saw a mild decrease. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X units), Sweden (X units) and Italy (X units) were the main suppliers of non-electric bakery oven imports to Denmark, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the United States ($X) and Italy ($X) were the largest non-electric bakery oven suppliers to Denmark, with a combined X% share of total imports.

Sweden, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-electric bakery oven import price amounted to $X per unit, falling by -X% against the previous year. Over the period under review, the import price faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform