Market research

Printed circuits market in Denmark

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The printed circuits market in Denmark reached its peak volume in 2021 at 5.7 million units, a growth supported by circular economy initiatives like the Technological Institute's project to recycle textile waste into new raw materials, enhancing material supply for electronics production.

From 2022, the market contracted sharply, falling to 2.6 million units by 2023. This decline was driven by increased EU regulatory burdens, including GDPR and sustainability reporting rules, which raised production costs, alongside geopolitical uncertainty from the war in Ukraine that affected electronics demand and investment.

Despite the downturn, sector innovation continued with Mekoprint's 2022 launch of advanced production technology for stretchable printed circuits, indicating ongoing development within niche segments.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. 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, K $ 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, K $ 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 printed circuits in Denmark

In value, 2018-2021, K $ US

Denmark's printed circuits production has increased for the second consecutive year. In 2021, the output of printed circuits was valued at 15 677 K $ US, marking a moderate rise of 8.3% compared to 2020. The minimum value was recorded in 2019 at 12 522 K $ US, with the largest decline that year of 6.1%. The largest increase occurred in 2020 at 15.6%. Between 2018 and 2021, production increased by 17.6%, equating to an annualized growth rate of 5.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.1%)	15.6%	8.3%	5.5%

Source: SHEV.io

In kind, 2018-2021, K unit

Printed circuits production in Denmark has increased for the second consecutive year. In 2021, 4 376 K units of printed circuits were produced, showing a solid increase of 22.6% compared to 2020. The minimum value was recorded in 2019 at 3 087 K units, with the largest decline that year of 16.6%. Over the period from 2018 to 2021, production increased by 18.3%, with a compound annual growth rate of 5.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(16.6%)	15.7%	22.6%	5.8%

Source: SHEV.io

Exports printed circuits from Denmark

Exports in kind, K unit

There were noticeable fluctuations in market performance during the period. The trough in exports occurred in 2018, while the peak was reached in 2021, with a 2.1-fold gap between these years. In 2021, printed circuits volumes leaving Denmark came to 382 K units, equivalent to an increase of 33.1% year-over-year. The largest decline was recorded in 2020 at 11.9%, and the largest increase occurred in 2019 at 77.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	77.0%	(11.9%)	33.1%	27.6%

Source: SHEV.io

From 2018 to 2021, printed circuits from Denmark were traded with many countries. Even the largest destinations—Germany, Hungary, and Czechia—together represented only 38.7% of total exports in kind.

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

Printed circuits deliveries from Denmark have increased for the third consecutive year. In 2021, exports came to 57.4 M $ US, reflecting an advance of 39.7% compared to the previous year. Between 2018 and 2021, exports increased by 70.5%, equating to an annualized growth rate of 19.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	4.1%	17.3%	39.7%	19.5%

Source: SHEV.io

From 2018 to 2021, printed circuits from Denmark were traded with many countries. Even the largest destinations—Germany, Sweden, and the United States—together represented only 40.1% of total exports in value terms.

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 printed circuits to Denmark

Imports in kind, K unit

Denmark's printed circuits imports have increased for the second consecutive year. In 2021, imports totalled 1 658 K units, up by 27.8% compared to 2020. The minimum value was recorded in 2019 at 1 258 K units, with the largest decline that year of 24.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(24.3%)	3.1%	27.8%	(0.1%)

Source: SHEV.io

Throughout 2018 to 2021, China, Thailand, and the United Kingdom were the key partners for imports in kind, accounting for 52.2%, 16.1%, and 4.6% of imports, respectively. Together, they represented 72.9% of total flows.

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

Printed circuits imports to Denmark have increased for the second consecutive year. In 2021, Denmark imported 173.5 M $ US of printed circuits, which is 40.4% higher than the prior year. The minimum value was recorded in 2019 at 115.8 M $ US, with the largest decline that year of 25.6%. Over the period from 2018 to 2021, imports increased by 11.4%, with a compound annual growth rate of 3.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(25.6%)	6.6%	40.4%	3.7%

Source: SHEV.io

Throughout 2018 to 2021, China, Thailand, and Switzerland were the main markets for imports in value terms of printed circuits to Denmark, accounting for 27.1%, 15.4%, and 12.3% of imports, respectively. Jointly, they took 54.9% 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