Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark - 2023

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $3.9 per unit, with a decrease of -62.7% against the previous year. Overall, the import price saw a deep reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 58%. The import price peaked at $14 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($48 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $18 per unit in 2022, dropping by -41.6% against the previous year. In general, the export price, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2018 an increase of 67%. The export price peaked at $31 per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($139 per unit), while the average price for exports to the Czech Republic ($2.5 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 Greenland (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark

Imports of drawing, marking-out or mathematical calculating instrumentses into Denmark surged to 536K units in 2022, picking up by 242% compared with the previous year's figure. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses soared to $2.1M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22527724392560.2%
Germany913623686641-11.1%
Sweden187215278156-5.9%
India21.637.618.512.5-16.7%
Italy26.713.374.68.8-30.9%
Others22326434735717.0%
Total1,5961,4301,6472,1019.6%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Denmark in 2022:

  1. China (467.5K units)
  2. Sweden (26.6K units)
  3. Germany (13.5K units)
  4. India (3.0K units)
  5. Italy (1.1K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark

In 2022, shipments abroad of drawing, marking-out or mathematical calculating instrumentses decreased by -46.5% to 22K units, falling for the second consecutive year after two years of growth. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, the exports reached the peak of 42K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses contracted markedly to $395K in 2022. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 114%. Over the period under review, the exports of attained the peak figure at $1.3M in 2021, and then contracted remarkably in the following year.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greenland361611630165-23.0%
Norway22.510745.895.261.7%
Sweden35.363.186.332.5-2.7%
SerbiaN/AN/AN/A12.90%
Estonia0.91.20.84.773.5%
Germany26.631.476.94.0-46.8%
Faroe Islands12.085.82.61.7-47.9%
Finland3.821.525.91.3-30.1%
Taiwan (Chinese)N/AN/A325N/A0%
Others56.818973.278.411.3%
Total5191,1101,267395-8.7%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Denmark in 2022:

  1. Norway (13.3K units)
  2. Greenland (2.6K units)
  3. Sweden (1.9K units)
  4. Estonia (1.1K units)
  5. Serbia (0.7K units)
  6. Germany (0.3K units)
  7. Finland (0.2K units)
  8. Faroe Islands (0.1K units)

Source: IndexBox Market Intelligence Platform

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