Denmark: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Denmark

In 2022, after five years of growth, there was significant decline in the Danish domestic electro-thermic appliances market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated modest growth from 2012 to 2022: its value 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. Over the period under review, the market attained the maximum level at $X in 2021, and then declined dramatically in the following year.

Domestic Electro-Thermic Appliances Production in Denmark

In value terms, domestic electro-thermic appliances production fell to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Domestic electro-thermic appliances production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Domestic Electro-Thermic Appliances Exports

Exports from Denmark

In 2022, overseas shipments of domestic electro-thermic appliances decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a mild slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, domestic electro-thermic appliances exports reduced remarkably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Sweden (X units) was the main destination for domestic electro-thermic appliances exports from Denmark, with a X% share of total exports. Moreover, domestic electro-thermic appliances exports to Sweden exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by Norway (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Norway (X% per year).

In value terms, Sweden ($X), Norway ($X) and Germany ($X) were the largest markets for domestic electro-thermic appliances exported from Denmark worldwide, with a combined X% share of total exports. Finland, Iceland, Switzerland, France, the Netherlands, the UK, Spain and Estonia lagged somewhat behind, together accounting for a further X%.

Iceland, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average domestic electro-thermic appliances export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, export price indicated pronounced 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. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Estonia ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Electro-Thermic Appliances Imports

Imports into Denmark

In 2022, after three years of growth, there was significant decline in purchases abroad of domestic electro-thermic appliances, when their volume decreased by X% to X units. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, domestic electro-thermic appliances imports fell to $X in 2022. Over the period under review, total imports indicated a notable expansion from 2012 to 2022: its value 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

China (X units), Sweden (X units) and Germany (X units) were the main suppliers of domestic electro-thermic appliances imports to Denmark, together comprising X% of total imports. The Netherlands, Poland, Italy, France and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic electro-thermic appliances suppliers to Denmark were Sweden ($X), Germany ($X) and China ($X), together comprising X% of total imports. The Netherlands, Poland, Italy, France and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, 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

The average domestic electro-thermic appliances import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, 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, domestic electro-thermic appliances import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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