Denmark: Market for Granules, Chippings And Powder Of Marble 2023

Market Size for Granules, Chippings And Powder Of Marble in Denmark

In 2021, the Danish marble granules and powder market increased by 17% to $X, rising for the sixth consecutive year after two years of decline. Overall, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +105.6% against 2015 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Exports of Granules, Chippings And Powder Of Marble

Exports from Denmark

In 2021, approx. X tons of granules, chippings and powder of marble were exported from Denmark; with an increase of 65% on the previous year's figure. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 747% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, marble granules and powder exports surged to $X in 2021. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 333% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for marble granules and powder exports from Denmark, accounting for a 70% share of total exports. Moreover, marble granules and powder exports to Norway exceeded the volume sent to the second major destination, Hungary (X tons), sevenfold. The third position in this ranking was held by Sweden (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to Norway totaled +56.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+455.5% per year) and Sweden (-12.2% per year).

In value terms, Norway ($X) remains the key foreign market for granules, chippings and powder of marble exports from Denmark, comprising 68% of total exports. The second position in the ranking was held by Sweden ($X), with a 6.2% share of total exports. It was followed by Poland, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +55.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-5.3% per year) and Poland (+32.7% per year).

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, waning by -17.4% against the previous year. Over the period under review, the export price, however, posted strong growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 236% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+64.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules, Chippings And Powder Of Marble

Imports into Denmark

After two years of decline, supplies from abroad of granules, chippings and powder of marble increased by 16% to X tons in 2021. Overall, imports recorded buoyant growth. The growth pace was the most rapid in 2017 with an increase of 37%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, marble granules and powder imports skyrocketed to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.9% against 2015 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 25% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Austria (X tons) constituted the largest marble granules and powder supplier to Denmark, with a 50% share of total imports. Moreover, marble granules and powder imports from Austria exceeded the figures recorded by the second-largest supplier, Norway (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+28.3% per year) and Italy (+33.8% per year).

In value terms, Austria ($X) constituted the largest supplier of granules, chippings and powder of marble to Denmark, comprising 51% of total imports. The second position in the ranking was taken by Sweden ($X), with a 21% share of total imports. It was followed by Italy, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from Austria totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.0% per year) and Italy (+36.7% per year).

Import Prices by Country

The average marble granules and powder import price stood at $X per ton in 2021, rising by 2.1% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 18% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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