Denmark: Newsprint Market 2023

Newsprint Market Size in Denmark

The Danish newsprint market contracted markedly to $X in 2021, waning by -34.5% against the previous year. In general, consumption continues to indicate a abrupt decrease. Newsprint consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Newsprint Production in Denmark

In value terms, newsprint production contracted dramatically to $X in 2021 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 64%. As a result, production attained the peak level of $X, and then reduced notably in the following year.

Newsprint Exports

Exports from Denmark

In 2021, newsprint exports from Denmark dropped sharply to X tons, shrinking by -23.6% on 2020. In general, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of 1,334% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, newsprint exports soared to $X in 2021. Overall, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 646% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for newsprint exports from Denmark, accounting for a 63% share of total exports. Moreover, newsprint exports to the Czech Republic exceeded the volume sent to the second major destination, Greenland (X tons), threefold. Norway (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic stood at +29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (-7.7% per year) and Norway (-23.0% per year).

In value terms, Greenland ($X) emerged as the key foreign market for newsprint exports from Denmark, comprising 70% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 18% share of total exports. It was followed by Norway, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Greenland totaled -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+25.5% per year) and Norway (-22.4% per year).

Export Prices by Country

The average newsprint export price stood at $X per ton in 2021, increasing by 77% against the previous year. Overall, the export price saw a buoyant increase. The growth pace was the most rapid in 2017 an increase of 140% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Greenland ($X per ton), while the average price for exports to the Czech Republic ($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 Italy (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Newsprint Imports

Imports into Denmark

For the ninth year in a row, Denmark recorded decline in overseas purchases of newsprint, which decreased by -38.6% to X tons in 2021. Over the period under review, imports recorded a abrupt curtailment. The smallest decline of -1.7% was in 2014. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, newsprint imports declined dramatically to $X in 2021. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 4.7% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Norway (X tons) constituted the largest supplier of newsprint to Denmark, accounting for a 67% share of total imports. Moreover, newsprint imports from Norway exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Norway totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-20.7% per year) and Finland (-22.1% per year).

In value terms, Norway ($X) constituted the largest supplier of newsprint to Denmark, comprising 69% of total imports. The second position in the ranking was held by Sweden ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway amounted to -8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-23.7% per year) and Finland (-24.9% per year).

Import Prices by Country

In 2021, the average newsprint import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 6.6%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Norway ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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