Denmark: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024

Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Denmark

In 2023, the Danish market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to $X, falling for the second consecutive year after six years of growth. Overall, consumption, however, continues to indicate a buoyant increase. Consumption of peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Denmark

In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders contracted to $X in 2023 estimated in export price. In general, production recorded buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of attained the peak level at $X in 2022, and then contracted in the following year.

Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Exports from Denmark

In 2023, overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters for the first time since 2018, thus ending a four-year rising trend. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X square meters in 2022, and then contracted in the following year.

In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X in 2023. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in the near future.

Exports by Country

Germany (X square meters) was the main destination for exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Denmark, accounting for a X% share of total exports. Moreover, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Germany exceeded the volume sent to the second major destination, Sweden (X square meters), threefold. Switzerland (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Switzerland (X% per year).

In value terms, Germany ($X) remains the key foreign market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports. It was followed by Switzerland, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per square meter in 2023, with an increase of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per square meter), while the average price for exports to Greenland ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders

Imports into Denmark

For the third consecutive year, Denmark recorded decline in purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders, which decreased by X% to X square meters in 2023. In general, imports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X square meters in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders reduced markedly to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

Germany (X square meters), Latvia (X square meters) and Hungary (X square meters) were the main suppliers of imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Denmark, together comprising X% of total imports. China, Turkey and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to Denmark were Germany ($X), Latvia ($X) and Hungary ($X), with a combined X% share of total imports. Belgium, China and Turkey lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders stood at $X per square meter in 2023, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform