Denmark: Candles And Tapers Market 2024

Candles And Tapers Market Size in Denmark

In 2022, the Danish candles and tapers market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption recorded a slight contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Candles And Tapers Production in Denmark

In value terms, candles and tapers production soared to $X in 2022 estimated in export price. Overall, production, however, posted prominent growth. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Candles And Tapers Exports

Exports from Denmark

In 2022, the amount of candles and tapers exported from Denmark shrank to X tons, waning by X% on 2021 figures. The total export volume increased at an average annual rate of X% from 2012 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 X% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, candles and tapers exports declined to $X in 2022. In general, total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

Norway (X tons) was the main destination for candles and tapers exports from Denmark, with a X% share of total exports. Moreover, candles and tapers exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Germany (X% per year).

In value terms, Norway ($X), Sweden ($X) and Germany ($X) constituted the largest markets for candles and tapers exported from Denmark worldwide, with a combined X% share of total exports. The UK, the Netherlands, Spain, Poland, the United States, France, Iceland, Finland, Latvia and Greenland lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 candles and tapers export price stood at $X per ton in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Candles And Tapers Imports

Imports into Denmark

In 2022, candles and tapers imports into Denmark declined to X tons, shrinking by X% compared with the year before. Over the period under review, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, candles and tapers imports rose markedly to $X in 2022. In general, imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Sweden (X tons) and Latvia (X tons) were the main suppliers of candles and tapers imports to Denmark, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X), Sweden ($X) and Latvia ($X) appeared to be the largest candles and tapers suppliers to Denmark, with a combined X% share of total imports.

Poland, with a CAGR of X%, 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 mixed trend patterns.

Import Prices by Country

The average candles and tapers import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Latvia ($X per ton) and the Netherlands ($X per ton), while the price for Portugal ($X per ton) and Sweden ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :