Denmark: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Denmark

The Danish stone sawing machine market skyrocketed to $X in 2021, surging by 66% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a pronounced expansion. Stone sawing machine consumption peaked in 2021 and is expected to retain growth in the immediate term.

Stone Sawing Machine Exports

Exports from Denmark

In 2021, after four years of growth, there was significant decline in shipments abroad of sawing machines for working stone, ceramics and concrete, when their volume decreased by -49.1% to X units. Over the period under review, exports, however, continue to indicate a notable expansion. The pace of growth appeared the most rapid in 2014 with an increase of 143% against the previous year. The exports peaked at X units in 2020, and then contracted dramatically in the following year.

In value terms, stone sawing machine exports shrank remarkably to $X in 2021. Overall, exports saw a mild reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 374%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), Germany (X units) and Sweden (X units) were the main destinations of stone sawing machine exports from Denmark, with a combined 78% share of total exports. These countries were followed by Ireland, Switzerland, Belgium, Portugal and Norway, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +72.8%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Sweden ($X) appeared to be the largest markets for stone sawing machine exported from Denmark worldwide, with a combined 63% share of total exports. The Netherlands, Ireland, Portugal, Norway and Belgium lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, Portugal, with a CAGR of +45.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, picking up by 26% against the previous year. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 95%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per unit), while the average price for exports to Belgium ($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 Switzerland (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Stone Sawing Machine Imports

Imports into Denmark

In 2021, the amount of sawing machines for working stone, ceramics and concrete imported into Denmark expanded notably to X units, surging by 5.2% compared with the previous year. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 105%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, stone sawing machine imports fell to $X in 2021. Overall, imports, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2014 when imports increased by 36%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest stone sawing machine supplier to Denmark, with a 79% share of total imports. Moreover, stone sawing machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X units), eightfold. The third position in this ranking was held by Germany (X units), with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.9% per year) and Germany (-15.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Denmark, comprising 53% of total imports. The second position in the ranking was held by Sweden ($X), with a 21% share of total imports. It was followed by Italy, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-12.0% per year) and Italy (-1.3% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, shrinking by -14.1% against the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 113% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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