Denmark: Paper And Paperboard Market 2023

Paper And Paperboard Market Size in Denmark

In 2021, after two years of decline, there was significant growth in the Danish paper and paperboard market, when its value increased by 21% to $X. Overall, consumption, however, saw a pronounced decrease. Paper and paperboard consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Paper And Paperboard Production in Denmark

In value terms, paper and paperboard production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 6.7% against the previous year. Paper and paperboard production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Paper And Paperboard Exports

Exports from Denmark

For the third consecutive year, Denmark recorded growth in shipments abroad of paper and paperboard, which increased by 0.2% to X tons in 2021. Overall, exports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2017 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard exports rose markedly to $X in 2021. Over the period under review, exports posted a slight increase. The pace of growth appeared the most rapid in 2017 when exports increased by 38% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Sweden (X tons) were the main destinations of paper and paperboard exports from Denmark, together accounting for 54% of total exports. These countries were followed by the UK, Poland, Belgium, Norway, France, the Czech Republic, Finland and Slovakia, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +17.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for paper and paperboard exports from Denmark, comprising 27% of total exports. The second position in the ranking was taken by Sweden ($X), with a 7.5% share of total exports. It was followed by the Netherlands, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-2.2% per year) and the Netherlands (-0.1% per year).

Export Prices by Country

In 2021, the average paper and paperboard export price amounted to $X per ton, picking up by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($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 Czech Republic (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paper And Paperboard Imports

Imports into Denmark

In 2021, after seven years of decline, there was significant growth in supplies from abroad of paper and paperboard, when their volume increased by 11% to X tons. In general, imports, however, continue to indicate a slight shrinkage. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, paper and paperboard imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a mild decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of paper and paperboard imports to Denmark, together accounting for 76% of total imports. These countries were followed by the Netherlands, Austria, Poland, Norway and France, which together accounted for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +6.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper and paperboard suppliers to Denmark were Sweden ($X), Germany ($X) and Finland ($X), together accounting for 72% of total imports. These countries were followed by the Netherlands, Austria, Poland, France and Norway, which together accounted for a further 19%.

Austria, with a CAGR of +6.2%, saw 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 more modest paces of growth.

Import Prices by Country

The average paper and paperboard import price stood at $X per ton in 2021, growing by 13% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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