Denmark - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark - 2024
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark (CIF) - 2024
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark (CIF) - 2024
In January 2024, the average import price for in-hand motor grinders, sanders and planers amounted to $69.2 per unit, falling by -13.8% against the previous month. Overall, the import price recorded a pronounced decline. The growth pace was the most rapid in September 2023 an increase of 36% month-to-month. As a result, import price attained the peak level of $105 per unit. From October 2023 to January 2024, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2023 to January 2024, the rate of growth in terms of prices for the Netherlands amounted to +1.4% per month.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark (FOB) - 2022
The average export price for in-hand motor grinders, sanders and planers stood at $79 per unit in 2022, with a decrease of -17.2% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35%. As a result, the export price attained the peak level of $123 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($545 per unit), while the average price for exports to the Netherlands ($24 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 Finland (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark
In 2022, after three years of growth, there was significant decline in overseas purchases of in-hand motor grinders, sanders and planers, when their volume decreased by -12.3% to 1.2M units. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 1.4M units, and then reduced in the following year.
In value terms, imports of in-hand motor grinders, sanders and planers fell to $108M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. As a result, imports reached the peak of $115M, and then reduced in the following year.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 38.8 | 41.9 | 52.5 | 41.8 | 2.5% |
| China | 10.0 | 12.9 | 17.8 | 20.7 | 27.4% |
| Sweden | 15.1 | 18.1 | 23.3 | 18.7 | 7.4% |
| Romania | 2.8 | 3.1 | 4.6 | 8.9 | 47.0% |
| Japan | 1.8 | 1.4 | 4.1 | 4.0 | 30.5% |
| Netherlands | 1.0 | 0.5 | 3.3 | 3.7 | 54.7% |
| Others | 5.6 | 4.8 | 9.3 | 10.2 | 22.1% |
| Total | 75.2 | 82.7 | 115 | 108 | 12.8% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Denmark in 2022:
- Germany (498.6K units)
- China (356.1K units)
- Sweden (166.8K units)
- Netherlands (74.8K units)
- Romania (63.3K units)
- Japan (25.9K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark
In 2022, the amount of in-hand motor grinders, sanders and planers exported from Denmark skyrocketed to 244K units, jumping by 16% compared with the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of in-hand motor grinders, sanders and planers dropped to $19M in 2022. The total export value increased at an average annual rate of +4.7% 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 29% against the previous year. As a result, the exports reached the peak of $20M, and then shrank modestly in the following year.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.3 | 3.5 | 4.6 | 4.6 | 11.7% |
| Germany | 3.3 | 2.8 | 3.8 | 4.1 | 7.5% |
| Norway | 1.9 | 1.5 | 1.7 | 2.3 | 6.6% |
| Netherlands | 1.8 | 1.3 | 1.1 | 0.8 | -23.7% |
| Poland | 0.4 | 0.4 | 0.9 | 0.8 | 26.0% |
| Spain | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| Iceland | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Luxembourg | N/A | N/A | 0.2 | 0.4 | 100.0% |
| France | 0.1 | 1.4 | 0.3 | 0.4 | 58.7% |
| Estonia | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Finland | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Others | 4.8 | 3.8 | 6.3 | 4.2 | -4.4% |
| Total | 16.8 | 15.5 | 20.0 | 19.3 | 4.7% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Denmark in 2022:
- Germany (81.9K units)
- Sweden (60.8K units)
- Netherlands (34.3K units)
- Norway (12.4K units)
- Poland (9.5K units)
- Estonia (6.6K units)
- Spain (6.6K units)
- France (5.0K units)
- Luxembourg (4.7K units)
- Iceland (2.1K units)
- Finland (1.8K units)
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:
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
-
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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