Denmark: Polycarboxylic Acid Market 2024

Polycarboxylic Acid Market Size in Denmark

In 2022, the Danish polycarboxylic acid market decreased by X% to $X for the first time since 2016, thus ending a five-year rising trend. Over the period under review, consumption, however, recorded a slight increase. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Polycarboxylic Acid Production in Denmark

In value terms, polycarboxylic acid production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Polycarboxylic acid production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Polycarboxylic Acid Exports

Exports from Denmark

In 2022, overseas shipments of polycarboxylic acids increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, polycarboxylic acid exports contracted slightly to $X in 2022. Over the period under review, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of polycarboxylic acid exports from Denmark, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Sweden ($X), Norway ($X) and Germany ($X) constituted the largest markets for polycarboxylic acid exported from Denmark worldwide, together accounting for X% of total exports. Switzerland, Finland and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average polycarboxylic acid export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price saw a mild downturn. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Switzerland ($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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarboxylic Acid Imports

Imports into Denmark

Polycarboxylic acid imports into Denmark declined remarkably to X tons in 2022, with a decrease of X% on the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, polycarboxylic acid imports dropped markedly to $X in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

Germany (X tons), China (X tons) and Austria (X tons) were the main suppliers of polycarboxylic acid imports to Denmark, with a combined X% share of total imports. Poland, the Czech Republic, Switzerland, the Netherlands, France, Italy, Spain, Belgium and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Switzerland ($X), Germany ($X) and China ($X) appeared to be the largest polycarboxylic acid suppliers to Denmark, with a combined X% share of total imports.

Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average polycarboxylic acid import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :