Electrical push-button and rotary switches market in Denmark

Earlier Report Observations

The Danish market for electrical push-button and rotary switches showed considerable volatility from 2018 to 2024. After a slight dip in 2019, the market expanded significantly to 175.8 million US dollars in 2020. This growth was followed by a multi-year contraction, with the market size falling to 134.1 million US dollars in 2023 before a partial recovery to 144.1 million US dollars in 2024.

Domestic production faced a sustained decline over the period, dropping from 117.8 million US dollars in 2018 to 77.6 million US dollars in 2024. This reduction in local output coincided with fluctuating import values, which peaked at 126 million US dollars in 2021. Export activity also varied sharply, with a major drop in 2020 affecting the overall supply balance.

By the end of the period, the market's value remained well below its 2020 high. The interplay between falling domestic production and resilient import levels characterized the market's adjustment, leading to a smaller overall market size in 2024 compared to the start of the decade.

Production electrical push-button and rotary switches in Denmark

In value, 2018-2021, M $ US

In Denmark, the production value of electrical push-button and rotary switches reached 110.2 million US dollars in 2021, marking a 7.0% year-on-year decrease. Over the period from 2018 to 2021, production declined by 6.4%, with a compound annual growth rate of 2.2%. The lowest value was recorded in 2019 at 110.1 million US dollars, while the highest occurred in 2020 at 118.5 million US dollars. The most significant increase was observed in 2020, with a rise of 7.6%.

Annual dynamics of production in Denmark in value, 2018-2021, M $ US

Exports electrical push-button and rotary switches from Denmark

Exports in kind, t

In 2021, Denmark exported 659 tonnes of electrical push-button and rotary switches, representing a 1.4% increase compared to the previous year. From 2018 to 2021, exports decreased by 17.9%, with a compound annual growth rate of 6.4%. The lowest volume was recorded in 2020 at 650 tonnes, while the highest was in 2019 at 1 025 tonnes. The largest decline occurred in 2020, dropping by 36.6%, whereas the most substantial increase was in 2019, rising by 27.7%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

Data from 2018 to 2021 shows that Denmark's exports of electrical push-button and rotary switches were not heavily concentrated on a few key destinations. Sweden accounted for 27.2% of exports in kind, Germany for 14.2%, and Poland for 7.9%, with these three countries together making up only 49.3% of total flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, M $ US

After two years of decline, Denmark's exports of electrical push-button and rotary switches increased in 2021, totaling 64.9 million US dollars, which is 33.3% higher than in 2020. Over the period from 2018 to 2021, exports decreased by 14.5%, with a compound annual growth rate of 5.1%. The lowest value was recorded in 2020 at 48.7 million US dollars, and the largest decline occurred that same year, falling by 34.5%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, M $ US

From 2018 to 2021, Sweden, France, and Germany were among the largest buyers of electrical push-button and rotary switches from Denmark in value terms, accounting for 20.5%, 10.2%, and 9.9% of exports, respectively. However, even combined, they represented just 40.6% of total exports, indicating a broadly diversified partner base.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports electrical push-button and rotary switches to Denmark

Imports in kind, t

Following a two-year drop, Denmark's imports of electrical push-button and rotary switches increased in 2021, with a volume of 1 325 tonnes, reflecting a robust 17.2% improvement compared to the previous year. Between 2018 and 2021, imports grew by 9.9%, equating to an annualized rate of 3.2%. The lowest volume was recorded in 2020 at 1 130 tonnes, and the largest decline occurred that year, decreasing by 5.6%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, Germany, China, and Sweden consistently remained the main sources for Denmark's imports of electrical push-button and rotary switches in kind, accounting for 38.1%, 12.3%, and 11.4% of imports, respectively. Together, these three countries made up 61.8% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, M $ US

In 2021, Denmark's imports of electrical push-button and rotary switches totaled 126.0 million US dollars, showing a robust increase of 18.9% compared to the previous year. Over the period from 2018 to 2021, imports increased by 15.4%, with a compound annual growth rate of 4.9%. The lowest value was recorded in 2020 at 106.0 million US dollars, and the largest decline occurred that year, falling by 5.2%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, M $ US

Throughout 2018 to 2021, Germany, Sweden, and China remained the three largest markets for Denmark's imports of electrical push-button and rotary switches in value terms, together accounting for 71.7% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021