Price for Hydrogen, Rare Gases and Other Non-Metals in Denmark - 2023
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Denmark (FOB) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Denmark (CIF) - 2023
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Denmark
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Denmark
Price for Hydrogen, Rare Gases and Other Non-Metals in Denmark (FOB) - 2022
The average export price for hydrogen, rare gases and other non-metalses stood at $9.7 per cubic meter in 2022, rising by 40% against the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 475% against the previous year. The export price peaked at $17 per cubic meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($5.3 per cubic meter), while the average price for exports to Sweden ($1.5 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Hydrogen, Rare Gases and Other Non-Metals in Denmark (CIF) - 2023
In November 2023, the average import price for hydrogen, rare gases and other non-metalses amounted to $870 per thousand cubic meters, shrinking by -33.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 278% month-to-month. Over the period under review, average import prices attained the peak figure at $1.3 per cubic meter in October 2023, and then reduced markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($813 per thousand cubic meters), while the price for Sweden amounted to $191 per thousand cubic meters.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%).
Exports of Hydrogen, Rare Gases and Other Non-Metals in Denmark
After three years of growth, shipments abroad of hydrogen, rare gases and other non-metalses decreased by -0.7% to 9M cubic meters in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 139% against the previous year. The exports peaked at 9M cubic meters in 2021, and then reduced slightly in the following year.
In value terms, exports of hydrogen, rare gases and other non-metalses skyrocketed to $87M in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.0 | 0.9 | 5.2 | 8.6 | 62.6% |
| Sweden | 3.2 | 2.7 | 3.9 | 5.2 | 17.6% |
| Italy | N/A | 1.0 | 1.7 | 1.6 | 26.5% |
| Belgium | N/A | 0.2 | 0.4 | 0.8 | 100.0% |
| Faroe Islands | 0.2 | 0.1 | 0.4 | 0.3 | 14.5% |
| France | 0.7 | 0.7 | 0.2 | 0.2 | -34.1% |
| Spain | 0.4 | N/A | 0.5 | 0.2 | -20.6% |
| Others | 35.2 | 33.0 | 50.5 | 70.2 | 25.9% |
| Total | 41.9 | 38.6 | 62.8 | 87.2 | 27.7% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Denmark in 2022:
- Germany (3.6M cubic meters)
- Sweden (3.4M cubic meters)
- Italy (0.6M cubic meters)
- Faroe Islands (0.1M cubic meters)
- France (0.1M cubic meters)
- Belgium (0.1M cubic meters)
- Spain (0.1M cubic meters)
Imports of Hydrogen, Rare Gases and Other Non-Metals in Denmark
In 2022, the amount of hydrogen, rare gases and other non-metalses imported into Denmark was estimated at 35M cubic meters, picking up by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of hydrogen, rare gases and other non-metalses expanded to $70M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.2 | 2.9 | 9.0 | 12.6 | 57.9% |
| Kazakhstan | N/A | N/A | N/A | 11.3 | 0% |
| Germany | 1.9 | 2.4 | 5.9 | 11.1 | 80.1% |
| Sweden | 2.7 | 4.7 | 5.3 | 6.5 | 34.0% |
| Netherlands | 0.5 | 0.9 | 0.6 | 1.3 | 37.5% |
| Belgium | 1.1 | 1.1 | 0.4 | 1.2 | 2.9% |
| Czech Republic | 0.2 | 0.3 | 0.4 | 0.6 | 44.2% |
| Others | 42.4 | 34.3 | 46.2 | 25.6 | -15.5% |
| Total | 51.9 | 46.7 | 67.8 | 70.3 | 10.6% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Denmark in 2022:
- Sweden (20.4M cubic meters)
- Germany (4.9M cubic meters)
- Czech Republic (3.6M cubic meters)
- Norway (3.1M cubic meters)
- Kazakhstan (1.4M cubic meters)
- Netherlands (0.6M cubic meters)
- Belgium (0.2M cubic meters)
511
This report provides an in-depth analysis of the argon market in Denmark.
480
This report provides an in-depth analysis of the arsenic market in Denmark.
294
This report provides an in-depth analysis of the boron and tellurium market in Denmark.
589
This report provides an in-depth analysis of the hydrogen market in Denmark.
438
This report provides an in-depth analysis of the nitrogen market in Denmark.
596
This report provides an in-depth analysis of the oxygen market in Denmark.
355
This report provides an in-depth analysis of the market for phosphorus, arsenic and selenium in Denmark.
379
This report provides an in-depth analysis of the rare gases market in Denmark.
424
This report provides an in-depth analysis of the silicon market in Denmark.
1302
This report provides an in-depth analysis of the global argon market.
306
Discover the top importers of Argon in the global market, including Indonesia, Italy, the United States, France, and Poland. Learn about their industrial sectors and the growing demand for Argon in manufacturing, construction, and research activities. Get valuable insights from the IndexBox market intelligence platform to navigate the complexities and capture opportunities in the Argon import market.
1782
The global supplies of arsenic amounted to X million USD in 2015, exhibiting wild fluctuations over the period under review. Exports of arsenic saw a decline in 2008, which continued into 2009, followed by a spike in 2010.
598
The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...
1246
New waves of the epidemic and the overwhelming demand for oxygen in the healthcare sector have led to a scarcity of the product worldwide. Countries with severe shortages are diverting oxygen from the sectors of metallurgy and chemistry to healthcare, which reduces the productivity of the manufacturing industries. As the pandemic slows, the demand for medical oxygen will return to pre-crisis levels. In the post-pandemic period, the growing demand from the metallurgical and chemical industries will continue to shape market expansion. Decarbonization may emerge as a new market driver, with oxygen being used to produce synthesis gas from carbon dioxide.
111
Discover the top import markets for rare gases in the world based on 2023 data. Learn about the countries driving global demand for rare gases.
463
Explore the world's best import markets for silicon with detailed statistics and data from IndexBox platform. Discover the top countries, their import values, and the factors driving the demand for silicon in these markets.
742
In 2021, the global silicon market picked up 4.1% to $10.2B, resuming growth after a 2020's slump.
306
Discover the top importers of Argon in the global market, including Indonesia, Italy, the United States, France, and Poland. Learn about their industrial sectors and the growing demand for Argon in manufacturing, construction, and research activities. Get valuable insights from the IndexBox market intelligence platform to navigate the complexities and capture opportunities in the Argon import market.
1782
The global supplies of arsenic amounted to X million USD in 2015, exhibiting wild fluctuations over the period under review. Exports of arsenic saw a decline in 2008, which continued into 2009, followed by a spike in 2010.
598
The global hydrogen market rose modestly to $22.7B in 2019, growing by 4.6% against the previous year. This figure...
