Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark (FOB) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark (CIF) - 2023
3. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark
4. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,047 per unit, declining by -45.4% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by 44%. As a result, the export price reached the peak level of $2,990 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,620 per unit), while the average price for exports to Sweden ($971 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 Germany (+5.9%), while the prices for the other major destinations experienced a decline.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark (CIF) - 2023

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $4,561 per unit in November 2023, with an increase of 58% against the previous month. In general, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 201% month-to-month. The import price peaked in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($6,337 per unit), while the price for Poland ($1,007 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark

In 2022, approx. 8.1K units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were exported from Denmark; with an increase of 83% on the year before. In general, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses reached $8.5M in 2022. Over the period under review, exports, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of hit record highs at $9.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Denmark in 2022:

1. Sweden (6.9K units)
2. Finland (1.0K units)
3. United Kingdom (0.2K units)

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Denmark

In 2022, overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by -35.2% to 7.2K units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 14K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses declined notably to $6M in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -5.6% was in 2021. Over the period under review, imports of reached the maximum at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Denmark in 2022:

1. Netherlands (4.7K units)
2. Italy (1.6K units)
3. China (0.4K units)
4. Poland (0.2K units)

Source: IndexBox Market Intelligence Platform