Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark - 2023

Contents:

1. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark (FOB) - 2022
2. Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark (CIF) - 2022
3. Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark
4. Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark (FOB) - 2022

The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $5,643 per unit in 2022, with a decrease of -59.7% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 322%. The export price peaked at $38,590 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($28,778 per unit), while the average price for exports to Faroe Islands ($30 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 United States (+37.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark (CIF) - 2022

The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $6,025 per unit in 2022, which is down by -43.2% against the previous year. Overall, the import price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 a decrease of -35% against the previous year. The import price peaked at $16,329 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,754 per unit), while the price for Japan ($21 per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+42.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark

For the fourth year in a row, Denmark recorded growth in overseas shipments of casting machines; of a kind used in metallurgy or in metal foundrieses, which increased by 520% to 31 units in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $175K in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 2,012%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Denmark in 2022:

1. Italy (21.0 units)
2. Greenland (1.0 units)
3. Mexico (1.0 units)
4. Faroe Islands (1.0 units)
5. Iceland (1.0 units)
6. North Macedonia (1.0 units)
7. United States (1.0 units)
8. Peru (1.0 units)
9. Japan (1.0 units)
10. Argentina (1.0 units)
11. Norway (1.0 units)

Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Denmark

Imports of casting machines; of a kind used in metallurgy or in metal foundrieses into Denmark contracted remarkably to 12 units in 2022, waning by -81% against 2021 figures. Overall, imports saw a precipitous decrease. The smallest decline of -76.8% was in 2021. Over the period under review, imports of hit record highs at 271 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses reduced rapidly to $72K in 2022. Over the period under review, imports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 347%. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Denmark in 2022:

1. China (3.0 units)
2. Germany (2.0 units)
3. United States (1.0 units)
4. Saudi Arabia (1.0 units)
5. Italy (1.0 units)
6. United Kingdom (1.0 units)
7. Japan (1.0 units)
8. South Korea (1.0 units)
9. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform