Denmark: Mica Market 2022

Mica Market Size in Denmark

The Danish mica market dropped to $X in 2021, shrinking by -X% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Mica consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Mica Production in Denmark

In value terms, mica production reduced remarkably to $X in 2021 estimated in export price. In general, the total production indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X, and then contracted significantly in the following year.

Mica Exports

Exports from Denmark

In 2021, exports of mica from Denmark skyrocketed to X kg, increasing by X% against the previous year. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports reached the maximum at X tonnes in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, mica exports skyrocketed to $X in 2021. In general, exports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X kg) was the main destination for mica exports from Denmark, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway amounted to -X%.

In value terms, Norway ($X) also remains the key foreign market for mica exports from Denmark.

From 2012 to 2021, the average annual growth rate of value to Norway totaled -X%.

Export Prices by Country

The average mica export price stood at $X per tonne in 2021, declining by -X% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per tonne, and then declined significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to +X% per year.

Mica Imports

Imports into Denmark

In 2021, imports of mica into Denmark soared to X tonnes, picking up by X% on the previous year's figure. In general, imports saw a buoyant expansion. Over the period under review, imports hit record highs at X tonnes in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, mica imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant expansion. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tonnes) was the main supplier of mica to Denmark, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled +X%.

In value terms, the United States ($X) constituted the largest supplier of mica to Denmark.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +X%.

Import Prices by Country

In 2021, the average mica import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne, and then contracted remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.

Source: IndexBox Platform