Market research

Powered hand tools 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 market for powered hand tools in Denmark showed considerable volatility from 2018 to 2024. After a period of growth that peaked at 213.4 million US dollars in 2021, the market size entered a phase of consistent contraction, declining to 138.3 million US dollars by 2024. The most significant expansion occurred in 2020, when the market grew by nearly 20% to 210.7 million US dollars.

During 2024, while the powered hand tools market was shrinking, a related segment for tool cabinets recorded steady growth. Sales of tool cabinets in Denmark increased by 6.2% that year, a trend driven by rising demand from the renewable energy and shipbuilding sectors, highlighting divergent developments within the wider tool industry.

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 value
    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 value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
    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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
    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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
    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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
    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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 powered hand tools in Denmark

In value, 2018-2021, K $ US

In Denmark, the production value of powered hand tools reached 8 474 K $ US in 2021, marking a sharp 30.2% increase compared to 2020. Over the period from 2018 to 2021, production grew by 25.8%, with a compound annual growth rate of 7.9%. The lowest production value was recorded in 2020 at 6 507 K $ US, which also saw the largest decline of 14.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	13.4%	(14.8%)	30.2%	7.9%

Source: SHEV.io

Exports powered hand tools from Denmark

Exports in kind, t

In 2021, Denmark exported 2 272 tons of powered hand tools, representing a strong 19.3% increase from the previous year. From 2018 to 2021, exports rose by 17.8%, equating to an annualized growth rate of 5.6%. The lowest export volume was recorded in 2020 at 1 904 tons, which also experienced the largest decline of 6.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.7%	(6.6%)	19.3%	5.6%

Source: SHEV.io

Between 2018 and 2021, Denmark's export landscape for powered hand tools in kind was highly diversified. Sweden accounted for 18.8% of exports, Germany for 18.6%, and Norway for 10.6%, together making up only 48.0% of total flows. The remaining 52.0% was distributed among many other countries.

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, M $ US

Denmark's powered hand tools exports increased for the third consecutive year in 2021, reaching 82.4 M $ US, a strong 24.1% advance compared to the previous year. From 2018 to 2021, exports grew by 41.3%, with an annualized rate of 12.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	13.3%	0.5%	24.1%	12.2%

Source: SHEV.io

The structure of Denmark's powered hand tools exports in value terms from 2018 to 2021 shows a diversified partner base. Germany contributed 20.8% of exports, Sweden 14.2%, and Norway 8.2%, jointly accounting for only 43.1% of total flows. The remaining 56.9% was spread across numerous smaller markets.

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 powered hand tools to Denmark

Imports in kind, t

Denmark's imports of powered hand tools increased for the third consecutive year in 2021, reaching 13 240 tons, a modest 4.7% rise from the previous year. From 2018 to 2021, imports grew by 22.5%, with an annualized rate of 7.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.2%	16.7%	4.7%	7.0%

Source: SHEV.io

Between 2018 and 2021, Germany, China, and Sweden remained the main suppliers of powered hand tools to Denmark in kind. Germany accounted for 29.5% of imports, China for 23.7%, and Sweden for 22.7%, together forming 75.9% 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, M $ US

Denmark's powered hand tools imports increased for the second consecutive year in 2021, reaching 287.3 M $ US, a modest 6.2% gain from 2020. Over the period from 2018 to 2021, imports rose by 20.1%, with a compound annual growth rate of 6.3%. The lowest import value was recorded in 2019 at 236.2 M $ US, which saw the largest decline of 1.3%. In contrast, the largest increase occurred in 2020, with a 14.5% rise.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(1.3%)	14.5%	6.2%	6.3%

Source: SHEV.io

From 2018 to 2021, Germany, Sweden, and China were the principal sources for Denmark's powered hand tools imports in value terms. Germany accounted for 33.2% of imports, Sweden for 28.6%, and China for 13.1%, jointly making up 74.9% 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