Denmark: Variable Capacitor Market 2024

Variable Capacitor Market Size in Denmark

For the third year in a row, the Danish variable capacitor market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption, however, enjoyed a pronounced expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Variable Capacitor Production in Denmark

In value terms, variable capacitor production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Variable capacitor production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Variable Capacitor Exports

Exports from Denmark

In 2022, approx. X units of variable capacitors were exported from Denmark; which is down by X% against 2021 figures. Overall, exports continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, variable capacitor exports fell remarkably to $X in 2022. Over the period under review, exports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for variable capacitor exports from Denmark, with a X% share of total exports. Moreover, variable capacitor exports to the UK exceeded the volume sent to the second major destination, Bahrain (X units), more than tenfold. Germany (X units) ranked third in terms of total exports with a X% share.

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

In value terms, the UK ($X), Thailand ($X) and Germany ($X) were the largest markets for variable capacitor exported from Denmark worldwide, together comprising X% of total exports. Bahrain, Singapore and Norway lagged somewhat behind, together comprising a further X%.

Bahrain, 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 mixed trend patterns.

Export Prices by Country

The average variable capacitor export price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, showed a abrupt descent. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to the UK (less than $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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Variable Capacitor Imports

Imports into Denmark

In 2022, after two years of decline, there was significant growth in purchases abroad of variable capacitors, when their volume increased by X% to X units. Over the period under review, imports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, variable capacitor imports surged to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest variable capacitor supplier to Denmark, with a X% share of total imports. Moreover, variable capacitor imports from Germany exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Switzerland (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of variable capacitors to Denmark, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

In 2022, the average variable capacitor import price amounted to $X per unit, rising by X% against the previous year. In general, the import price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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