
Denmark - Spark-Ignition Reciprocating or Rotary Internal Combustion Piston Engines for Aircraft - Market Analysis, Forecast, Size, Trends and Insights
Denmark: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2023
Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Denmark
After two years of decline, the Danish aircraft internal combustion engine market increased by 66% to $X in 2021. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Aircraft internal combustion engine consumption peaked in 2021 and is likely to continue growth in the immediate term.
Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Denmark
In value terms, aircraft internal combustion engine production shrank modestly to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.
Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft
Exports from Denmark
In 2021, the amount of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exported from Denmark shrank significantly to X units, waning by -29% compared with the year before. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by 1,113%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, aircraft internal combustion engine exports skyrocketed to $X in 2021. Overall, exports, however, recorded a strong expansion. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
Brazil (X units) was the main destination for aircraft internal combustion engine exports from Denmark, accounting for a 43% share of total exports. Moreover, aircraft internal combustion engine exports to Brazil exceeded the volume sent to the second major destination, Norway (X units), threefold. Russia (X units) ranked third in terms of total exports with a 15% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+11.9% per year) and Russia (+45.4% per year).
In value terms, Brazil ($X) emerged as the key foreign market for aircraft internal combustion engine exports from Denmark, comprising 62% of total exports. The second position in the ranking was held by Russia ($X), with a 30% share of total exports. It was followed by the UK, with a 7% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+122.9% per year) and the UK (+36.8% per year).
Export Prices by Country
The average aircraft internal combustion engine export price stood at $X per unit in 2021, jumping by 9,485% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Norway ($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 Cameroon (+587.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft
Imports into Denmark
In 2021, the amount of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft imported into Denmark surged to X units, with an increase of 1,255% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aircraft internal combustion engine imports skyrocketed to $X in 2021. In general, imports showed significant growth. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Norway (X units) constituted the largest supplier of aircraft internal combustion engine to Denmark, accounting for a 90% share of total imports. Moreover, aircraft internal combustion engine imports from Norway exceeded the figures recorded by the second-largest supplier, the United States (X units), tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Norway stood at +60.8%.
In value terms, Norway ($X) constituted the largest supplier of aircraft internal combustion engine to Denmark, comprising 70% of total imports. The second position in the ranking was taken by the United States ($X), with a 29% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Norway stood at +25.1%.
Import Prices by Country
The average aircraft internal combustion engine import price stood at $X per unit in 2021, with a decrease of -8.1% against the previous year. Overall, the import price continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2016 an increase of 456% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Norway stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-22.3%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for aircraft internal combustion engine in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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