Denmark - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 2, 2024

Denmark - Epoxide Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Epoxide Resin Price in Denmark - 2023

Contents:

  1. Epoxide Resin Price in Denmark (CIF) - 2022
  2. Epoxide Resin Price in Denmark (FOB) - 2023
  3. Epoxide Resin Imports in Denmark
  4. Epoxide Resin Exports in Denmark

Epoxide Resin Price in Denmark (CIF) - 2022

The average epoxide resin import price stood at $6,472 per ton in 2022, with an increase of 8.6% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, epoxide resin import price increased by +93.8% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($84,389 per ton), while the price for South Korea ($4,679 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Epoxide Resin Price in Denmark (FOB) - 2023

In June 2023, the average epoxide resin export price amounted to $9,831 per ton, with a decrease of -8.5% against the previous month. Overall, export price indicated a mild increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, epoxide resin export price decreased by -8.5% against May 2023 indices. The pace of growth was the most pronounced in September 2022 an increase of 63% m-o-m. As a result, the export price reached the peak level of $13,162 per ton. From October 2022 to June 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the United States ($14,691 per ton), while the average price for exports to Norway ($6,884 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+2.0%), while the prices for the other major destinations experienced a decline.

Epoxide Resin Imports in Denmark

After two years of decline, overseas purchases of epoxide resins increased by 7% to 9.1K tons in 2022. In general, imports, however, showed a deep downturn.

In value terms, epoxide resin imports skyrocketed to $59M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Epoxide Resin in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.711.021.426.221.2%
South Korea3.112.70.813.362.5%
Sweden2.01.41.04.632.0%
FranceN/A1.94.62.923.5%
Thailand2.42.11.52.51.4%
United Kingdom3.02.02.52.3-8.5%
Netherlands4.31.80.41.2-34.7%
Belgium11.32.20.80.7-60.4%
Switzerland9.50.9N/AN/A-90.5%
Others4.15.917.95.49.6%
Total54.541.950.959.22.8%

Top Suppliers of Epoxide Resin to Denmark in 2022:

  1. Germany (3532.7 tons)
  2. South Korea (2842.3 tons)
  3. Sweden (620.3 tons)
  4. France (608.3 tons)
  5. Thailand (398.4 tons)
  6. Netherlands (163.9 tons)
  7. United Kingdom (162.7 tons)
  8. Belgium (99.1 tons)
  9. Switzerland (0.1 tons)

Epoxide Resin Exports in Denmark

In 2022, shipments abroad of epoxide resins decreased by -40.9% to 857 tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, epoxide resin exports contracted notably to $7.8M in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of $11M, and then declined remarkably in the following year.

Export of Epoxide Resin in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq1,4584,8933,4402,02911.6%
Germany5235811,8831,84152.1%
Norway33624353664724.4%
Sweden4693515565817.4%
United Kingdom39.626.375826989.4%
Taiwan (Chinese)N/A0.714.92501789.8%
United States21343.71902454.8%
Iceland20.151.286.3222122.7%
Spain5.2221346150206.7%
Russia1,3181,3411,56918.2-76.0%
Iran1,848N/AN/AN/A0%
Others7161,0041,9031,50228.0%
Total6,9458,75611,2837,7553.7%

Top Export Markets for Epoxide Resin from Denmark in 2022:

  1. Iraq (333.4 tons)
  2. Germany (143.1 tons)
  3. Norway (89.0 tons)
  4. Sweden (67.9 tons)
  5. United Kingdom (52.2 tons)
  6. Iceland (26.3 tons)
  7. Spain (25.8 tons)
  8. Taiwan (Chinese) (25.3 tons)
  9. United States (19.1 tons)
  10. Russia (2.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the epoxide resin 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 20164030 - Epoxide resins, in primary forms

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Epoxide Resins In Primary Forms - Denmark