Denmark - Refrigerating And Freezing Equipment And Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCommercial Refrigeration Equipment Price in Denmark - 2023
Contents:
- Commercial Refrigeration Equipment Price in Denmark (FOB) - 2023
- Commercial Refrigeration Equipment Price in Denmark (CIF) - 2023
- Commercial Refrigeration Equipment Exports in Denmark
- Commercial Refrigeration Equipment Imports in Denmark
Commercial Refrigeration Equipment Price in Denmark (FOB) - 2023
In August 2023, the average commercial refrigeration equipment export price amounted to $548 per unit, falling by -2.7% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 20% against the previous month. Over the period under review, the average export prices attained the peak figure at $645 per unit in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was India ($1,143 per unit), while the average price for exports to Turkey ($50.9 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Commercial Refrigeration Equipment Price in Denmark (CIF) - 2023
In August 2023, the average commercial refrigeration equipment import price amounted to $537 per unit, increasing by 5% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 26% m-o-m. As a result, import price reached the peak level of $709 per unit. From January 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($1,286 per unit), while the price for France ($165 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Commercial Refrigeration Equipment Exports in Denmark
In 2022, the amount of refrigerating and freezing equipment and heat pumps (except household type equipment) exported from Denmark declined to 664K units, reducing by -11.3% compared with the previous year. In general, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 9.8%. The exports peaked at 842K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, commercial refrigeration equipment exports fell slightly to $350M in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. As a result, the exports attained the peak of $357M, and then shrank in the following year.
| Export of Commercial Refrigeration Equipment in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.0 | 33.9 | 25.7 | 34.7 | 42.5% |
| Germany | 29.8 | 31.1 | 29.7 | 34.7 | 5.2% |
| Sweden | 26.3 | 24.8 | 30.6 | 31.5 | 6.2% |
| France | 22.4 | 18.0 | 35.5 | 27.4 | 6.9% |
| Norway | 23.2 | 20.0 | 25.3 | 22.9 | -0.4% |
| Netherlands | 13.6 | 12.8 | 23.7 | 22.2 | 17.7% |
| United Kingdom | 22.6 | 10.7 | 16.7 | 15.9 | -11.1% |
| South Korea | 20.1 | 12.4 | 10.3 | 11.4 | -17.2% |
| Finland | 11.2 | 13.2 | 14.0 | 11.1 | -0.3% |
| Switzerland | 10.0 | 8.2 | 9.9 | 10.9 | 2.9% |
| Austria | 8.7 | 5.0 | 6.8 | 9.4 | 2.6% |
| Spain | 6.4 | 5.8 | 6.6 | 9.3 | 13.3% |
| Italy | 7.5 | 3.7 | 4.5 | 7.0 | -2.3% |
| Others | 114 | 109 | 117 | 102 | -3.6% |
| Total | 327 | 308 | 357 | 350 | 2.3% |
Top Export Markets for Commercial Refrigeration Equipment from Denmark in 2022:
- Germany (66.6K units)
- Sweden (58.5K units)
- Norway (51.1K units)
- France (51.0K units)
- United States (43.7K units)
- Netherlands (34.7K units)
- United Kingdom (30.9K units)
- Finland (26.2K units)
- Switzerland (25.8K units)
- Italy (22.8K units)
- South Korea (20.6K units)
- Spain (20.5K units)
- Austria (19.0K units)
Commercial Refrigeration Equipment Imports in Denmark
In 2022, overseas purchases of refrigerating and freezing equipment and heat pumps (except household type equipment) were finally on the rise to reach 592K units after two years of decline. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, commercial refrigeration equipment imports skyrocketed to $319M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Commercial Refrigeration Equipment in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 46.6 | 52.0 | 76.0 | 92.9 | 25.9% |
| China | 21.9 | 19.6 | 33.7 | 51.7 | 33.2% |
| Italy | 12.5 | 16.5 | 23.0 | 26.4 | 28.3% |
| Germany | 20.0 | 21.4 | 24.9 | 25.0 | 7.7% |
| France | 16.1 | 17.5 | 19.3 | 18.8 | 5.3% |
| Turkey | 6.5 | 4.8 | 12.3 | 13.8 | 28.5% |
| Ireland | 9.3 | 9.3 | 7.6 | 12.7 | 10.9% |
| Poland | 6.9 | 8.7 | 9.5 | 10.9 | 16.5% |
| Czech Republic | 6.0 | 10.9 | 12.4 | 10.0 | 18.6% |
| Netherlands | 4.7 | 5.0 | 4.3 | 7.9 | 18.9% |
| Others | 42.2 | 36.6 | 30.9 | 49.4 | 5.4% |
| Total | 193 | 202 | 254 | 319 | 18.2% |
Top Suppliers of Commercial Refrigeration Equipment to Denmark in 2022:
- China (104.5K units)
- Sweden (78.6K units)
- France (74.9K units)
- Italy (57.4K units)
- Ireland (42.1K units)
- Germany (41.2K units)
- Czech Republic (38.7K units)
- Poland (32.1K units)
- Netherlands (28.7K units)
- Turkey (20.5K units)
This report provides an in-depth analysis of the commercial refrigeration equipment market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251333 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator for frozen food storage
- Prodcom 28251335 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator (excluding for frozen food storage)
- Prodcom 28251340 -
- Prodcom 28251350 -
- Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
- Prodcom 28251390 - Other refrigerating or freezing equipment
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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