Denmark: Market for Sulphates Of Barium Or Aluminium 2023

Market Size for Sulphates Of Barium Or Aluminium in Denmark

The Danish barium or aluminium sulphates market dropped sharply to $X in 2021, with a decrease of -18% against the previous year. Over the period under review, consumption saw a deep contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Denmark

In value terms, barium or aluminium sulphates production stood at $X in 2021 estimated in export price. Over the period under review, production showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when the production volume increased by 64% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Denmark

In 2021, shipments abroad of sulphates of barium or aluminium increased by 31% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, saw a noticeable decline. The growth pace was the most rapid in 2018 with an increase of 312% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports shrank modestly to $X in 2021. In general, exports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2019 with an increase of 200% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then declined modestly in the following year.

Exports by Country

Sweden (X tons), Ghana (X tons) and Greenland (X tons) were the main destinations of barium or aluminium sulphates exports from Denmark, with a combined 89% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +77.3%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for sulphates of barium or aluminium exports from Denmark, comprising 81% of total exports. The second position in the ranking was held by Norway ($X), with a 6.3% share of total exports. It was followed by Ghana, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled +128.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-21.6% per year) and Ghana (0.0% per year).

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2021, falling by -26.6% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 535%. Over the period under review, the average export prices attained the maximum at $X per ton in 2020, and then contracted rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Greenland ($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 Sweden (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into Denmark

In 2021, the amount of sulphates of barium or aluminium imported into Denmark shrank markedly to X tons, waning by -18.4% against the year before. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by 99.9%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports fell remarkably to $X in 2021. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 85% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Finland (X tons) constituted the largest supplier of barium or aluminium sulphates to Denmark, accounting for a 45% share of total imports. Moreover, barium or aluminium sulphates imports from Finland exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Finland totaled +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.9% per year) and Sweden (-27.2% per year).

In value terms, Finland ($X) constituted the largest supplier of sulphates of barium or aluminium to Denmark, comprising 44% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Finland amounted to +11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.0% per year) and Germany (-15.3% per year).

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 36%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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