Denmark: Market for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft 2024

Market Size for Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Denmark

The Danish aircraft internal combustion engine market reduced sharply to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate a modest expansion. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Production of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft in Denmark

In value terms, aircraft internal combustion engine production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Exports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Exports from Denmark

In 2022, approx. X units of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft were exported from Denmark; growing by X% on 2021. Over the period under review, exports, however, continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aircraft internal combustion engine exports surged to $X in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units) was the main destination for aircraft internal combustion engine exports from Denmark, accounting for a X% share of total exports. It was followed by the United States (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Norway (X% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for spark-ignition reciprocating or rotary internal combustion piston engines for aircraft exports from Denmark, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the average aircraft internal combustion engine export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spark-Ignition Reciprocating Or Rotary Internal Combustion Piston Engines For Aircraft

Imports into Denmark

In 2022, approx. X units of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft were imported into Denmark; declining by X% compared with 2021 figures. Overall, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then declined dramatically in the following year.

In value terms, aircraft internal combustion engine imports fell dramatically to $X in 2022. Over the period under review, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), the UK (X units) and Norway (X units) were the main suppliers of aircraft internal combustion engine imports to Denmark, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of spark-ignition reciprocating or rotary internal combustion piston engines for aircraft to Denmark, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Norway, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X.5% per year) and Norway (X% per year).

Import Prices by Country

The average aircraft internal combustion engine import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price recorded a resilient increase. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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