Market research

Fans market in Denmark

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Danish fans market volume displayed considerable volatility from 2018 to 2024. After maintaining a level between 2.2 and 2.3 million units from 2018 through 2020, it declined to 2.14 million in 2021. A strong rebound followed in 2022, lifting the market to a peak of 2.55 million units. However, 2023 witnessed a severe contraction to 1.68 million units, with a slight recovery to 1.71 million in 2024.

Domestic production of fans varied during this period, starting at 212 000 units in 2018 and reaching 345 000 in 2024. Imports, which constitute the bulk of supply, fluctuated between years, while exports grew steadily from 618 000 to 922 000 units, thereby reducing the net volume available on the domestic market.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Denmark
  1. 5.1.1. In kind, 2018-2024, K unit
  2. 5.1.2. In value, 2018-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K unit
  2. 5.2.2. In value, 2018-2024, M $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, K unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, K unit
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, K unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, K unit
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, K unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, K unit
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, K unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, K unit
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fans in Denmark

In value, 2018-2021, M $ US

Denmark's fan production declined for the second consecutive year. In 2021, output was valued at 72.5 million US dollars, marking an 18.0% decrease compared to 2020. Production fell by 35.3% between 2018 and 2021, equating to an annualized decline of 13.5%. The highest value was recorded in 2019 at 128.9 million US dollars. The largest increase occurred in 2019 with a 14.9% rise, while the most significant drop was in 2020 at 31.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	14.9%	(31.4%)	(18.0%)	(13.5%)

Source: SHEV.io

In kind, 2018-2021, K unit

Denmark's fan production volume declined for the second consecutive year. In 2021, 206.6 thousand units were produced, representing a modest 7.0% decrease compared to the previous year. Over the period from 2018 to 2021, production decreased by 2.6%, with a compound annual growth rate of 0.9%. The peak was in 2019 with 229.1 thousand units, which also saw the largest increase at 7.9%.

Annual dynamics of production in Denmark in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	7.9%	(3.0%)	(7.0%)	(0.9%)

Source: SHEV.io

Exports fans from Denmark

Exports in kind, K unit

After a two-year decline, fan shipments from Denmark to abroad increased. In 2021, Denmark exported 782 thousand units, showing a dramatic 41.0% rise compared to the previous year. From 2018 to 2021, exports grew by 26.6%, with a compound annual growth rate of 8.2%. The lowest value was in 2020 at 555 thousand units, and the largest decline occurred in 2019 at 5.8%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(5.8%)	(4.7%)	41.0%	8.2%

Source: SHEV.io

From 2018 to 2021, Poland, the United States, and Sweden were among the largest buyers of fans from Denmark, accounting for 17.7%, 14.3%, and 9.1% of exports in kind, respectively. Together, they represented just 41.1% of total exports, indicating a broadly diversified partner base.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2021, fan exports from Denmark stood at 98 746 thousand US dollars, representing a 22.7% uptick relative to the prior year. Over the period from 2018 to 2021, exports increased by 11.2%, with a compound annual growth rate of 3.6%. The minimum value was recorded in 2020 at 80 507 thousand US dollars, which also saw the largest decline of 16.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	8.6%	(16.5%)	22.7%	3.6%

Source: SHEV.io

The country composition of exports in value terms from 2018 to 2021 was dispersed. The United States, Germany, and Norway accounted for 18.7%, 18.6%, and 11.6% of exports in value terms, respectively, together forming just 48.9% of total flows. The remaining 51.1% was split among a wide range of other destinations.

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

Source: SHEV.io

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

Source: SHEV.io

Imports fans to Denmark

Imports in kind, K unit

The volume of fan imports into Denmark increased for the second consecutive year. In 2021, imports tallied 2 712 thousand units, showing a moderate advance of 4.0% compared with 2020. The minimum value was recorded in 2019 at 2 583 thousand units, which also saw the largest decline of 2.8%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(2.8%)	1.0%	4.0%	0.7%

Source: SHEV.io

From 2018 to 2021, China, Thailand, and Germany were the main sources for fan imports into Denmark, absorbing 29.7%, 16.1%, and 16.0% of imports in kind, respectively. Together, they accounted for 61.8% of total imports.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2021, Denmark's fan import volume amounted to 81 148 thousand US dollars, which is 8.0% higher than the previous year. Between 2018 and 2021, imports increased by 15.1%, equating to an annualized rate of 4.8%. The maximum value was recorded in 2019 at 90 485 thousand US dollars. The largest increase occurred in 2019 with a 28.4% rise, while the most significant drop was in 2020 at 17.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	28.4%	(17.0%)	8.0%	4.8%

Source: SHEV.io

From 2018 to 2021, Germany, Sweden, and China stood out as the main markets for imports in value terms, accounting for 40.4%, 15.6%, and 10.3% of imports, respectively. Together, they represented 66.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io