Milking Machine Market Overview in Denmark
In value terms, milking machine production shrank rapidly to $ in 2019 estimated in export prices. In general, production showed a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. Milking machine production peaked at $ in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.
The revenue of the milking machine market in Denmark reduced modestly to $ in 2019, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when the market value increased by % year-to-year. Milking machine consumption peaked at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.