Metal sawing and cutting-off machines market in Denmark

Earlier Report Observations

After declining in 2018-2019, the market value of metal sawing and cutting-off machines in Denmark increased by 15% to approximately $8.7 million in 2020, supported by the beginning of sustained price growth for new equipment. Machine prices started rising by 30-50% between 2020 and 2022, lifting the overall market value even at moderate volumes. In 2021, production of machines grew by 22% as industrial firms were able to set higher markups using increased market power, though high exports reduced the domestic market size to $7.5 million.

The supply chain crisis peaked in 2022, causing long lead times for machine availability, but strong demand and continued price increases drove the market value up by 44% to $10.9 million. Danish equipment dealers reported substantial turnover growth despite supply chain challenges. In 2023, machine costs kept rising, which reflected in prices and contributed to a further 27% market expansion to $13.8 million.

In 2024, the market sharply contracted by 38% to $8.6 million, while production remained stable at $12.8 million. During this period, the Competition and Consumer Authority intensified price monitoring in the machinery sector.

Production metal sawing and cutting-off machines in Denmark

In value, 2018-2021, K $ US

After two consecutive years of decline, Denmark's production of metal sawing and cutting-off machines rebounded in value terms. In 2021, output reached 12 894 thousand US dollars, marking a significant year-on-year increase of 21.7%. However, looking at the broader period from 2018 to 2021, production overall decreased by 5.7%, which translates to an average annual decline of 1.9%. The lowest point was recorded in 2020 at 10 593 thousand US dollars, with the steepest drop occurring in 2019 at 17.7%.

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

In kind, 2018-2021, unit

Following a two-year reduction, Denmark's production of metal sawing and cutting-off machines saw a notable recovery in physical units. In 2021, the country produced 896.0 units, representing a sharp year-on-year increase of 40.4%. The lowest production level was observed in 2020 at 638.0 units, which also saw the largest decline of 20.2% during that period.

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

Exports metal sawing and cutting-off machines from Denmark

Exports in kind, unit

The export market for metal sawing and cutting-off machines from Denmark displayed considerable volatility over the observed timeframe. Exports hit their lowest point in 2020 at 2 812 units, before surging to a peak of 8 299 units in 2021—a dramatic year-on-year increase of 195.1%. This represents a threefold difference between the trough and peak years. The largest decline was recorded in 2020 at 7.3%.

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

From 2018 to 2021, Norway, Germany, and Belgium consistently served as the three largest markets for Denmark's exports of metal sawing and cutting-off machines in physical terms. Together, these countries accounted for 72.7% of total export flows during this period.

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, K $ US

After experiencing a two-year decrease, Denmark's exports of metal sawing and cutting-off machines in value terms showed signs of recovery. In 2021, exports amounted to 9 130 thousand US dollars, reflecting a strong year-on-year gain of 17.7%. Despite this recent uptick, exports declined by 12% overall between 2018 and 2021, equivalent to an average annual decrease of 4.2%. The minimum value was recorded in 2020 at 7 757 thousand US dollars, while the largest decline occurred in 2019 at 17.2%.

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

Between 2018 and 2021, Denmark's exports of metal sawing and cutting-off machines in value terms were distributed across numerous countries. The United States (19.7% of export value), China (13.2%), and India (7.2%) together accounted for 40.1% of total export flows, indicating a relatively diversified market structure.

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

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

Imports metal sawing and cutting-off machines to Denmark

Imports in kind, unit

Import volumes of metal sawing and cutting-off machines into Denmark showed signs of volatility throughout the observed period. Imports reached their lowest point in 2018 before peaking in 2021, with a 2.3-fold difference between these years. In 2021, Denmark imported a total of metal sawing and cutting-off machines, showing a sharp rise of 93.1% from the previous year. The largest decline was recorded in 2020 at 26.1%.

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

From 2018 to 2021, Germany (28.2% of imports in kind), China (21.3%), and Sweden (17.3%) remained the primary suppliers of metal sawing and cutting-off machines to Denmark. Collectively, these three countries represented 66.7% of total import flows in physical terms.

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, K $ US

In 2021, Denmark imported 3 784 thousand US dollars worth of metal sawing and cutting-off machines, representing a contraction of 35.7% compared to the previous year. Over the broader period from 2018 to 2021, imports decreased by 39.1%, with a compound annual growth rate (CAGR) of -15.2%. The largest increase was recorded in 2020 at 20.2%.

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

Throughout 2018 to 2021, Italy (32.9% of import value), Germany (26.6%), and Sweden (14.9%) formed the key group of partners for Denmark's imports of metal sawing and cutting-off machines in value terms. Together, these countries accounted for 74.4% of total import flows.

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

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