Denmark: Band Saw Blade Market 2024

Band Saw Blade Market Size in Denmark

The Danish band saw blade market contracted to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption, however, posted a prominent increase. As a result, consumption attained the peak level of $X, and then declined in the following year.

Band Saw Blade Production in Denmark

In value terms, band saw blade production dropped sharply to $X in 2023 estimated in export price. In general, production, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, production reached the peak level of $X, and then contracted notably in the following year.

Band Saw Blade Exports

Exports from Denmark

In 2023, the amount of band saw blades exported from Denmark rose notably to X tons, with an increase of X% on the previous year. Overall, exports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, band saw blade exports soared to $X in 2023. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of band saw blade exports from Denmark, together accounting for X% of total exports. Faroe Islands, Germany, Iceland, the UK and Italy lagged somewhat behind, together comprising 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 Iceland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for band saw blade exported from Denmark were Finland ($X), Sweden ($X) and Norway ($X), with a combined X% share of total exports. Faroe Islands, the UK, Germany, Iceland and Italy lagged somewhat behind, together comprising a further X%.

Faroe Islands, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average band saw blade export price amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the average export prices failed to regain momentum.

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

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

Band Saw Blade Imports

Imports into Denmark

In 2023, after two years of growth, there was significant decline in purchases abroad of band saw blades, when their volume decreased by X% to X tons. In general, total imports indicated pronounced growth from 2012 to 2023: its volume 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, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank notably in the following year.

In value terms, band saw blade imports stood at $X in 2023. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

In 2023, Germany (X tons) constituted the largest supplier of band saw blade to Denmark, accounting for a X% share of total imports. Moreover, band saw blade imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. China (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X) constituted the largest supplier of band saw blades to Denmark, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

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

Import Prices by Country

The average band saw blade import price stood at $X per ton in 2023, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform