Denmark: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in Denmark

The Danish cellulose pulp machinery market surged to $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed tangible growth. Cellulose pulp machinery consumption peaked in 2023 and is expected to retain growth in the near future.

Cellulose Pulp Machinery Production in Denmark

In value terms, cellulose pulp machinery production reached $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

Cellulose Pulp Machinery Exports

Exports from Denmark

In 2023, shipments abroad of machinery for making pulp of fibrous cellulosic material decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. Overall, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, cellulose pulp machinery exports contracted markedly to $X in 2023. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined markedly in the following year.

Exports by Country

Japan (X units), Iceland (X units) and Mexico (X units) were the main destinations of cellulose pulp machinery exports from Denmark, together comprising X% of total exports. Moreover, cellulose pulp machinery exports in Japan exceeded the figures recorded by the second-largest exporter, Iceland, twofold.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Japan ($X) and Switzerland ($X) were the largest markets for cellulose pulp machinery exported from Denmark worldwide, together comprising X% of total exports.

Japan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cellulose pulp machinery export price stood at $X per unit in 2023, with a decrease of X% against the previous year. Overall, the export price showed a abrupt contraction. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

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

Cellulose Pulp Machinery Imports

Imports into Denmark

In 2023, supplies from abroad of machinery for making pulp of fibrous cellulosic material increased by X% to X units, rising for the fourth consecutive year after two years of decline. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the immediate term.

In value terms, cellulose pulp machinery imports reached $X in 2023. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Sweden (X units) constituted the largest supplier of cellulose pulp machinery to Denmark, with a X% share of total imports. Moreover, cellulose pulp machinery imports from Sweden exceeded the figures recorded by the second-largest supplier, the United States (X units), fourfold. The third position in this ranking was held by Finland (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Finland (X% per year).

In value terms, the United States ($X), Sweden ($X) and Finland ($X) appeared to be the largest cellulose pulp machinery suppliers to Denmark, together comprising X% of total imports. Germany, Taiwan (Chinese), Austria, Luxembourg and Italy lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X.7%, recorded the highest growth rate of the value of imports, in terms of 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 cellulose pulp machinery import price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform