Pressure measuring instruments market in Denmark

Earlier Report Observations

The market for pressure measuring instruments in Denmark saw significant expansion in 2019, with the market size surging to 76.3 million USD and production reaching a peak of 100.5 million USD. This growth was followed by a period of adjustment where both market size and production volumes gradually declined, stabilizing at a lower level through 2024.

During the same period, import values demonstrated steady growth, rising from 60.0 million USD in 2018 to 101.3 million USD in 2024. Export values also trended upward overall, despite some annual volatility, reflecting the country's ongoing trade activity in these instruments.

By 2024, the market had settled at a size of 84.1 million USD, having undergone a clear cycle of rapid growth and subsequent moderation, with international trade flows becoming an increasingly prominent feature.

Production pressure measuring instruments in Denmark

In value, 2018-2021, M $ US

In Denmark, the production value of pressure measuring instruments reached 90.4 million US dollars in 2021, marking a 3.1% increase from 2020. Looking at the broader period from 2018 to 2021, production grew by 34.1%, which translates to an annualized growth rate of 10.3%. The peak value was recorded in 2019 at 100.5 million US dollars. That year also saw the largest increase of 49.2%, while the most significant decline occurred in 2020 with a drop of 12.8%.

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

In kind, 2018-2021, K unit

The market for pressure measuring instruments in Denmark showed considerable volatility over these years. Production volume in 2021 stood at 2 921 thousand units, reflecting a 1.9% decrease compared to 2020. The highest production level was achieved in 2019 with 3 536 thousand units, which also experienced the largest increase of 2 107.3%. In contrast, 2020 recorded the steepest decline of 15.8%. Notably, there was a 22-fold difference between the peak in 2019 and the low point in 2018.

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

Exports pressure measuring instruments from Denmark

Exports in kind, K unit

Denmark's exports of pressure measuring instruments have grown for the third year in a row. In 2021, export volume reached 3 881 thousand units, representing a 4.9% increase from the previous year. Over the period from 2018 to 2021, exports expanded by 56.1%, corresponding to a compound annual growth rate of 16.0%.

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

From 2018 to 2021, Denmark's exports of pressure measuring instruments were distributed across a diverse range of partner countries. Germany accounted for 15.5% of exports in kind, China for 15.4%, and Italy for 9.0%. Together, these three countries made up 39.9% of total export 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, K $ US

Denmark's exports of pressure measuring instruments have continued to rise for the third consecutive year. In 2021, export value amounted to 91 568 thousand US dollars, showing a modest gain of 2.1% compared to the year before. Between 2018 and 2021, exports increased by 19.1%, equating to an annualized growth rate of 6.0%.

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

Between 2018 and 2021, Denmark's exports of pressure measuring instruments in value terms were spread across numerous markets. China led with 17.3% of export value, followed by Germany at 10.9% and the United States at 7.7%. Collectively, these three countries accounted for 35.9% of total export flows.

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

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

Imports pressure measuring instruments to Denmark

Imports in kind, K unit

Following two years of growth, Denmark's imports of pressure measuring instruments declined in 2021. Import volume that year was 3 032 thousand units, indicating a sharp decrease of 32.6% from 2020. Over the period from 2018 to 2021, imports fell by 16.2%, which corresponds to an annualized decline of 5.7%. The highest import volume was recorded in 2020 at 4 498 thousand units, which also saw the largest increase of 22.0%.

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

From 2018 to 2021, the United Kingdom was the leading source for Denmark's imports of pressure measuring instruments in kind, accounting for 31.4% of the total. China followed with 27.1%, and Germany with 19.4%. Together, these three countries represented 77.9% of total import 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, K $ US

After two years of growth, Denmark's imports of pressure measuring instruments decreased in 2021. Import value reached 71 110 thousand US dollars, reflecting a 2.4% drop from 2020. Over the period from 2018 to 2021, imports overall increased by 18.5%, with a compound annual growth rate of 5.8%. The peak import value was recorded in 2020 at 72 891 thousand US dollars, which also experienced the largest increase of 12.0%.

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

Between 2018 and 2021, Germany was the top supplier of pressure measuring instruments to Denmark in value terms, representing 25.9% of imports. The United Kingdom followed with 20.7%, and China with 19.8%. Combined, these three countries accounted for 66.4% of total import value.

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

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