Denmark: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Denmark

The Danish straw for fodder balers market declined modestly to $X in 2022, almost unchanged from the previous year. Overall, consumption, however, saw a resilient increase. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Straw Or Fodder Balers, Including Pickup Balers in Denmark

In value terms, straw for fodder balers production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Denmark

In 2022, overseas shipments of straw or fodder balers, including pickup balers were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, straw for fodder balers exports fell slightly to $X in 2022. In general, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units), Iran (X units) and China (X units) were the main destinations of straw for fodder balers exports 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 China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Greenland ($X), China ($X) and the UK ($X) were the largest markets for straw for fodder balers exported from Denmark worldwide, together comprising X% of total exports.

Greenland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average straw for fodder balers export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 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 Greenland ($X per unit), while the average price for exports to Bosnia and Herzegovina ($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 Greenland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Denmark

In 2022, approx. X units of straw or fodder balers, including pickup balers were imported into Denmark; surging by X% on 2021 figures. In general, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, straw for fodder balers imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X units), Germany (X units) and Ireland (X units) were the main suppliers of straw for fodder balers imports to Denmark, together accounting for X% of total imports.

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

In value terms, the largest straw for fodder balers suppliers to Denmark were Belgium ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total imports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the average straw for fodder balers import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Ireland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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