Denmark Electronics Market
December 27, 1965 Electronics Magazine Article

December 27, 1965 Electronics [Table of Contents] Wax nostalgic about and learn from the history of early electronics. See articles from Electronics, published 1930 - 1988. All copyrights hereby acknowledged.

This is the electronics market prediction for Denmark, circa 1966. It was part of a comprehensive assessment by the editors of Electronics magazine of the state of commercial, military, and consumer electronics at the end of 1965. Unless you can find a news story on the state of the industry, detailed reports must be purchased from research companies like Statista. Their website has a lot of charts on Denmark's current electronics market showing revenue in the consumer electronics segment amounts of US$1,020M in 2018.

Separate reports are included for West Germany (the Berlin Wall was still up then), the United Kingdom, France, Denmark, Austria, Sweden, Belgium, Switzerland, the Netherlands, and Italy. Russia, although obviously not part of Europe, is also covered.

Denmark Electronics Market

Seeking buyers abroad

Danish electronic companies, most of which have fewer than 500 employees, are facing a severe labor shortage, tight credit and high taxation.

Last spring, to control inflation the government restricted credit and, as a result, reduced consumer spending. Many producers of television, radio and hi-fi equipment are burdened with heavy inventories. Some are turning to exports; some say as much as 95% of their output is sold outside the country. Credit restrictions are expected to continue 18 months more.

Almost all companies report an increase in business with the Communist countries of Eastern Europe, including the Soviet Union. Some companies say their Soviet-bloc sales have climbed 20% to 25%. Czechoslovakia is the biggest market, followed by Hungary and Rumania.

Posted October 2, 2018