Denmark: Mobile Phone Market 2024

Mobile Phone Market Size in Denmark

The Danish mobile phone market contracted notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a noticeable curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mobile Phone Production in Denmark

In value terms, mobile phone production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, faced a abrupt shrinkage. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Mobile Phone Exports

Exports from Denmark

In 2022, overseas shipments of mobile phones decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports showed a noticeable curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, mobile phone exports declined to $X in 2022. Over the period under review, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units), Sweden (X units) and the United Arab Emirates (X units) were the main destinations of mobile phone exports from Denmark, together accounting for X% of total exports. The Netherlands, Finland, Norway, Greenland, Poland, Austria, Armenia, the UK, Faroe Islands and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and the United Arab Emirates ($X) appeared to be the largest markets for mobile phone exported from Denmark worldwide, together comprising X% of total exports. Finland, Norway, the Netherlands, Greenland, Armenia, Poland, Austria, Faroe Islands, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Armenia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 mobile phone export price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Hong Kong SAR ($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 Faroe Islands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mobile Phone Imports

Imports into Denmark

Mobile phone imports into Denmark contracted dramatically to X units in 2022, waning by X% on 2021 figures. Overall, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, mobile phone imports shrank sharply to $X in 2022. In general, imports recorded a slight contraction. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, Sweden (X units) constituted the largest supplier of mobile phone to Denmark, accounting for a X% share of total imports. Moreover, mobile phone imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of mobile phones to Denmark, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average mobile phone import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mobile phone import price increased by X% against 2016 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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