The consumer electronics market in Denmark showed significant fluctuations between 2012 and 2022, starting at 806.56 million Euros in 2012 before reaching 720.17 million Euros in 2022. The market experienced notable variations with peaks and troughs, such as a decline of 10.57% in 2014 and a sharp drop of 20.86% in 2018. The most recent years saw moderate changes, with a 4.16% decrease in 2021 and a further 3.28% decline in 2022. Over the last five years, the market has seen an average annual contraction of 2.44%, highlighting a generally declining trend.
Future trends to watch for:
- Increasing demand for sustainable and energy-efficient electronics.
- Continued growth in smart home and connected device segments.
- Shift towards online sales channels for consumer electronics.
- Potential impact of new technological innovations and 5G rollout.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 9,644,000,000 | 2023 | +0.43% | +0.45% | View data |
| 2 | 2 United Kingdom | 7,970,200,000 | 2023 | +0.29% | -0.027% | View data |
| 3 | 3 France | 5,458,600,000 | 2023 | -1.46% | -2.6% | View data |
| 4 | 4 Spain | 2,983,200,000 | 2023 | +1.11% | +0.77% | View data |
| 5 | 5 Portugal | 1,774,300,000 | 2023 | +4.56% | +3.87% | View data |
| 7 | 7 Finland | 864,590,000 | 2023 | +0.71% | +2.33% | View data |
| 8 | 8 Ireland | 705,640,000 | 2023 | +8.22% | +9.95% | View data |
| 9 | 9 Denmark | 628,330,000 | 2023 | -3.12% | -0.52% | |
| 10 | 10 Croatia | 211,100,000 | 2023 | +0.69% | +0.73% | View data |
| 11 | 11 Lithuania | 206,930,000 | 2023 | +2.92% | +6.3% | View data |
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