Denmark: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in Denmark

The Danish wood slicing machine market skyrocketed to $X in 2021, jumping by 96% against the previous year. Overall, consumption showed modest growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wood Slicing Machine Production in Denmark

In value terms, wood slicing machine production rose rapidly to $X in 2021 estimated in export price. In general, production, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 65% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Wood Slicing Machine Exports

Exports from Denmark

In 2021, the amount of splitting, slicing or paring machines exported from Denmark declined modestly to X units, falling by -2.8% compared with the year before. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, wood slicing machine exports expanded slightly to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for wood slicing machine exports from Denmark, with a 58% share of total exports. Moreover, wood slicing machine exports to Sweden exceeded the volume sent to the second major destination, Finland (X units), fourfold. Norway (X units) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-6.1% per year) and Norway (-0.5% per year).

In value terms, Sweden ($X) remains the key foreign market for wood slicing machine exports from Denmark, comprising 47% of total exports. The second position in the ranking was taken by Norway ($X), with a 12% share of total exports. It was followed by Finland, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+14.7% per year) and Finland (-0.6% per year).

Export Prices by Country

The average wood slicing machine export price stood at $X per unit in 2021, rising by 7.9% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wood slicing machine export price increased by +82.1% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 32% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Norway ($X per unit), while the average price for exports to Finland ($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 Norway (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Denmark

Wood slicing machine imports into Denmark rose notably to X units in 2021, surging by 14% compared with the previous year's figure. In general, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 295%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wood slicing machine imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 211%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and Austria (X units) were the main suppliers of wood slicing machine imports to Denmark, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wood slicing machine suppliers to Denmark were China ($X), Germany ($X) and Italy ($X), together comprising 90% of total imports.

Among the main suppliers, Italy, with a CAGR of +24.8%, 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 2021, the average wood slicing machine import price amounted to $X per unit, with an increase of 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2019 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for Germany ($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 (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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