Key Market Indicators
Dane Weapon Import is forecasted to decrease to approximately $129 million by 2028, down from about $135 million in 2023. This represents an average annual decline of 0.8%. Historical data shows that since 1965, demand in Denmark has increased by an average of 22.5% each year. In 2023, Denmark ranked 44th in weapon imports, with Romania surpassing it at the same figure of $135 million. Qatar, Saudi Arabia, and Kuwait held the second, third, and fourth spots, respectively, in this ranking. On the export front, Danish weapon exports are projected to rise to nearly $55 million by 2028, up from around $49 million in 2023, marking an average annual growth rate of 1.9%. Since 1965, Denmark's supply has increased by an average of 14.2% per year.
