Denmark: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in Denmark

In 2022, after two years of growth, there was significant decline in the Danish turbo-jet (under X kN) market, when its value decreased by X% to $X. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in Denmark

In value terms, turbo-jet (under X kN) production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Turbo-jet (under X kN) production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from Denmark

After two years of decline, overseas shipments of turbo-jets of a thrust not exceeding X kN increased by X% to X units in 2022. Over the period under review, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, turbo-jet (under X kN) exports skyrocketed to $X in 2022. Overall, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Malaysia (X units), the UK (X units) and the United Arab Emirates (X units) were the main destinations of turbo-jet (under X kN) exports from Denmark, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for turbo-jets of a thrust not exceeding X kN exports from Denmark, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled X.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the average turbo-jet (under X kN) export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a slight reduction. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Malaysia ($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.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into Denmark

After two years of decline, supplies from abroad of turbo-jets of a thrust not exceeding X kN increased by X% to X units in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, turbo-jet (under X kN) imports fell markedly to $X in 2022. In general, imports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest turbo-jet (under X kN) supplier to Denmark, accounting for a X% share of total imports. Moreover, turbo-jet (under X kN) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Norway (X units), more than tenfold. France (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 the Netherlands stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and France (X% per year).

In value terms, France ($X), the Netherlands ($X) and the UK ($X) were the largest turbo-jet (under X kN) suppliers to Denmark, together comprising X% of total imports.

Among the main suppliers, the UK, 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

In 2022, the average turbo-jet (under X kN) import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2020 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2021 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 France ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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