Denmark - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBaking Soda Price in Denmark - 2023
Contents:
- Baking Soda Price in Denmark (CIF) - 2023
- Baking Soda Price in Denmark (FOB) - 2023
- Baking Soda Imports in Denmark
- Baking Soda Exports in Denmark
Baking Soda Price in Denmark (CIF) - 2023
In August 2023, the average baking soda import price amounted to $520 per ton, with a decrease of -12.1% against the previous month. In general, import price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, baking soda import price increased by +74.5% against May 2023 indices. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 58% against the previous month. Over the period under review, average import prices attained the peak figure at $644 per ton in January 2023; however, from February 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($690 per ton), while the price for Belgium ($397 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Baking Soda Price in Denmark (FOB) - 2023
In August 2023, the average baking soda export price amounted to $1,332 per ton, dropping by -2.6% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 27% m-o-m. The export price peaked at $1,482 per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Norway ($4,888 per ton), while the average price for exports to Iceland ($923 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Baking Soda Imports in Denmark
In 2022, overseas purchases of baking soda decreased by -1.2% to 24K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of 26K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, baking soda imports skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Baking Soda in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 4.8 | 3.9 | 7.3 | 7.4% |
| Poland | 0.6 | 0.5 | 0.6 | 1.2 | 26.0% |
| Finland | 0.2 | 0.6 | 0.6 | 0.8 | 58.7% |
| Belgium | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Netherlands | 0.4 | 0.3 | 0.4 | 0.5 | 7.7% |
| Sweden | 1.8 | 0.7 | 0.5 | 0.5 | -34.8% |
| United Kingdom | 0.1 | 0.2 | 0.4 | 0.4 | 58.7% |
| Russia | 0.1 | 1.7 | 1.6 | 0.1 | 0.0% |
| Others | 1.1 | 0.8 | 0.8 | 0.9 | -6.5% |
| Total | 10.8 | 10.1 | 9.3 | 12.4 | 4.7% |
Top Suppliers of Baking Soda to Denmark in 2022:
- Germany (16.4K tons)
- Poland (2.1K tons)
- Finland (1.7K tons)
- Belgium (1.0K tons)
- Netherlands (0.7K tons)
- United Kingdom (0.7K tons)
- Russia (0.6K tons)
- Sweden (0.3K tons)
Baking Soda Exports in Denmark
In 2022, shipments abroad of baking soda decreased by -16.3% to 1.1K tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 156%. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, baking soda exports contracted to $1.2M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 68%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Baking Soda in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 473 | 534 | 597 | 597 | 8.1% |
| Norway | 238 | 253 | 318 | 243 | 0.7% |
| Iceland | 3.1 | 101 | 169 | 191 | 295.0% |
| Finland | 7.1 | 44.2 | 38.3 | 45.8 | 86.2% |
| Germany | 39.0 | 24.3 | 89.9 | 45.2 | 5.0% |
| Lithuania | N/A | N/A | N/A | 38.5 | 0% |
| Brazil | N/A | 247 | N/A | N/A | 0% |
| Others | 59.3 | 176 | 96.7 | 82.3 | 11.5% |
| Total | 819 | 1,379 | 1,309 | 1,243 | 14.9% |
Top Export Markets for Baking Soda from Denmark in 2022:
- Sweden (544.5 tons)
- Iceland (237.6 tons)
- Norway (230.5 tons)
- Germany (24.3 tons)
- Lithuania (23.6 tons)
- Finland (21.0 tons)
This report provides an in-depth analysis of the baking soda market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
386
This report provides an in-depth analysis of the baking soda market in Denmark.
418
This report provides an in-depth analysis of the carbonate market in Denmark.
403
This report provides an in-depth analysis of the sodium carbonate market in Denmark.
399
This report provides an in-depth analysis of the calcium carbonate market in Denmark.
329
This report provides an in-depth analysis of the lithium carbonate market in Denmark.
287
This report provides an in-depth analysis of the market for lithium oxide, hydroxide and carbonate in Denmark.
1726
This report provides an in-depth analysis of the global baking soda market.
1349
This report provides an in-depth analysis of the global carbonate market.
1297
This report provides an in-depth analysis of the global sodium carbonate market.
1942
This report provides an in-depth analysis of the global calcium carbonate market.
220
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.
1521
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1052
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1524
The U.S. continued its dominance in the global carbonate and peroxocarbonate trade. In 2014, the U.S. exported X million tons of carbonates and peroxocarbonates totaling X billion USD, X% over the previous year. Its primary trading partner was Mexi
336
Explore the world's best import markets for lithium carbonate, backed by key statistics. Discover the leading countries importing lithium carbonate, including China, South Korea, and Japan.
578
The pandemic hit battery manufacturing, which is the main lithium-consuming industry hard. Lithium supplies on the global market exceeded demand, resulting in a fall in lithium prices. In the second half of 2020, lithium demand started to recover, buoyed by strong battery sales. Strategic partnerships shaped during the Covid crisis enabled lithium manufacturers to secure stable product supply chains.
247
Explore the top import markets for lithium oxide, hydroxide, and carbonate, including China, South Korea, Japan, and more. Discover key statistics and insights on the demand for these essential components in the production of lithium-ion batteries.
220
Explore the top import markets for carbonate worldwide, with key statistics and data from IndexBox. Learn about the leading countries in the carbonate import market and their import values.
1521
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
1052
Global carbonate imports totaled X tons in 2016, lowering by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to 2016- however,...
