The production of semiconductors in Denmark has seen significant fluctuations over the past years. In 2023, it stood at 1,667.5 thousand items. Over the last two years, semiconductor production grew by 12.61% from 2022 and by 31.89% in 2022 compared to the prior year. The compound annual growth rate (CAGR) for the past five years is 1.68%.
Key trends over the longer period include:
- 2013-2015: Period of relatively low and stagnant growth.
- 2016-2019: A rapid increase peaking at 2,286.7 thousand items in 2019.
- 2020: Sharp decline of 45.5%.
- 2021-2023: Recovery and moderate growth stability.
Future trends to watch out for:
- The forecast indicates a modest increase with production expected to reach 1,854.1 thousand items by 2028, with an average growth rate of 1.68%.
- Technological advancements and global demand shifts are likely to influence production levels.
