Denmark: Breathing Appliances Market 2024

Breathing Appliances Market Size in Denmark

The Danish breathing appliances market declined sharply to $X in 2023, dropping by X% against the previous year. In general, consumption, however, showed a mild expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Breathing Appliances Production in Denmark

In value terms, breathing appliances production contracted slightly to $X in 2023 estimated in export price. Over the period under review, production, however, showed strong growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Breathing Appliances Exports

Exports from Denmark

In 2023, overseas shipments of breathing appliances and gas masks increased by X% to X units, rising for the third consecutive year after three years of decline. In general, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, breathing appliances exports soared to $X in 2023. Over the period under review, exports showed a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), Brazil (X units) and the United States (X units) were the main destinations of breathing appliances exports from Denmark, with a combined X% share of total exports. Greenland, Norway, the UK, China, Turkey, Italy, the United Arab Emirates, Thailand, Hong Kong SAR and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for breathing appliances exported from Denmark were the United States ($X), China ($X) and Turkey ($X), together comprising X% of total exports. The UK, Hong Kong SAR, Germany, the United Arab Emirates, Brazil, Italy, Norway, Spain, Thailand and Greenland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average breathing appliances export price stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, breathing appliances export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Greenland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Breathing Appliances Imports

Imports into Denmark

Breathing appliances imports into Denmark fell to X units in 2023, reducing by X% against the previous year. Over the period under review, imports, however, enjoyed a measured increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X units. From 2021 to 2023, the growth of imports failed to regain momentum.

In value terms, breathing appliances imports rose sharply to $X in 2023. In general, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the near future.

Imports by Country

In 2023, Germany (X units) constituted the largest breathing appliances supplier to Denmark, accounting for a X% share of total imports. Moreover, breathing appliances imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of breathing appliances and gas masks to Denmark, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with an X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Sweden (X% per year).

Import Prices by Country

The average breathing appliances import price stood at $X per unit in 2023, increasing by X% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2023 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform