Denmark - Automotive Lighting - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAutomotive Lighting Price in Denmark - 2023
Contents:
- Automotive Lighting Price in Denmark (CIF) - 2023
- Automotive Lighting Price in Denmark (FOB) - 2023
- Automotive Lighting Imports in Denmark
- Automotive Lighting Exports in Denmark
Automotive Lighting Price in Denmark (CIF) - 2023
The average automotive lighting import price stood at $40.5 per unit in August 2023, picking up by 19% against the previous month. Overall, import price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, automotive lighting import price increased by +92.0% against May 2023 indices. The pace of growth appeared the most rapid in July 2023 an increase of 40% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($58.9 per unit), while the price for China ($17.0 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 the Netherlands (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Automotive Lighting Price in Denmark (FOB) - 2023
The average automotive lighting export price stood at $35.0 per unit in August 2023, stabilizing at the previous month. Overall, export price indicated a temperate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, automotive lighting export price decreased by -16.0% against April 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 49% m-o-m. As a result, the export price attained the peak level of $41.7 per unit. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Spain ($62.1 per unit), while the average price for exports to Faroe Islands ($15.9 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 Belgium (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Automotive Lighting Imports in Denmark
For the fourth consecutive year, Denmark recorded growth in purchases abroad of automotive lighting, which increased by 14% to 3.5M units in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, automotive lighting imports reduced to $43M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 +29.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports attained the peak of $48M, and then contracted in the following year.
Import of Automotive Lighting in Denmark (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 12.4 | 13.2 | 17.2 | 14.7 | 5.8% |
China | 3.1 | 3.5 | 5.0 | 4.8 | 15.7% |
Taiwan (Chinese) | 3.2 | 2.9 | 5.2 | 4.5 | 12.0% |
Sweden | 2.4 | 3.0 | 3.7 | 4.4 | 22.4% |
Netherlands | 3.9 | 3.0 | 3.3 | 2.8 | -10.5% |
United Kingdom | 1.0 | 0.7 | 3.4 | 2.7 | 39.2% |
Poland | 1.3 | 1.1 | 1.7 | 2.4 | 22.7% |
France | 1.5 | 1.5 | 1.5 | 1.6 | 2.2% |
Belgium | 1.4 | 1.4 | 1.5 | 1.5 | 2.3% |
Portugal | 0.6 | 0.7 | 1.7 | 1.2 | 26.0% |
Italy | 0.9 | 0.7 | 0.7 | 0.8 | -3.9% |
Others | 2.4 | 1.5 | 2.8 | 2.0 | -5.9% |
Total | 34.2 | 33.4 | 47.7 | 43.2 | 8.1% |
Top Suppliers of Automotive Lighting to Denmark in 2022:
- Germany (1190.3K units)
- China (389.8K units)
- Taiwan (Chinese) (367.5K units)
- Sweden (354.4K units)
- Netherlands (224.6K units)
- United Kingdom (220.1K units)
- Poland (191.4K units)
- France (127.5K units)
- Belgium (124.1K units)
- Portugal (95.3K units)
- Italy (62.7K units)
Automotive Lighting Exports in Denmark
After three years of growth, shipments abroad of automotive lighting decreased by -0.7% to 1.5M units in 2022. The total export volume increased at an average annual rate of +12.8% over the period from 2019 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 2021 when exports increased by 22%. As a result, the exports attained the peak of 1.5M units, leveling off in the following year.
In value terms, automotive lighting exports shrank to $15M in 2022. The total export 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. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports reached the peak of $15M, and then contracted slightly in the following year.
Export of Automotive Lighting in Denmark (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,410 | 3,700 | 4,259 | 4,709 | 25.0% |
Sweden | 1,371 | 1,447 | 1,807 | 1,913 | 11.7% |
Russia | 509 | 1,008 | 1,429 | 1,694 | 49.3% |
Norway | 1,347 | 1,487 | 1,414 | 1,151 | -5.1% |
Austria | 458 | 444 | 711 | 667 | 13.3% |
Italy | 478 | 406 | 730 | 537 | 4.0% |
Belgium | 442 | 464 | 503 | 487 | 3.3% |
Spain | 322 | 400 | 591 | 487 | 14.8% |
Finland | 296 | 318 | 495 | 472 | 16.8% |
Poland | 296 | 279 | 409 | 390 | 9.6% |
France | 420 | 450 | 383 | 332 | -7.5% |
United Kingdom | 342 | 324 | 435 | 307 | -3.5% |
Others | 2,614 | 2,262 | 2,207 | 1,753 | -12.5% |
Total | 11,308 | 12,990 | 15,373 | 14,898 | 9.6% |
Top Export Markets for Automotive Lighting from Denmark in 2022:
- Germany (463.0K units)
- Sweden (188.0K units)
- Russia (166.5K units)
- Norway (113.2K units)
- Austria (65.6K units)
- Italy (52.8K units)
- Belgium (47.9K units)
- Spain (47.9K units)
- Finland (46.4K units)
- Poland (38.3K units)
- France (32.6K units)
- United Kingdom (30.2K units)
This report provides an in-depth analysis of the automotive lighting 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 27403910 - Electrical lighting or visual signalling equipment for motor vehicles (excluding electric filament or discharge lamps, s ealed beam lamp units, ultraviolet, infrared and arc lamps)
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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Discover the top import markets for automotive lighting in 2023, including the United States, Germany, China, and more. Explore key statistics and import values in the automotive industry.
Explore the world's top import markets for lighting equipment for motor vehicles in 2023. Learn about the key countries driving the global trade of automotive lighting components.
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Discover the top import markets for automotive lighting in 2023, including the United States, Germany, China, and more. Explore key statistics and import values in the automotive industry.
Explore the world's top import markets for lighting equipment for motor vehicles in 2023. Learn about the key countries driving the global trade of automotive lighting components.
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...
Global lighting equipment imports stood at X tons in 2016, descending by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the perio...