Denmark: Zinc Powder Market 2024

Zinc Powder Market Size in Denmark

In 2022, the Danish zinc powder market increased by X% to $X, rising for the fourth consecutive year after five years of decline. Over the period under review, consumption, however, showed a deep downturn. Zinc powder consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Zinc Powder Production in Denmark

In value terms, zinc powder production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X%. Zinc powder production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Zinc Powder Exports

Exports from Denmark

In 2022, overseas shipments of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, zinc powder exports soared to $X in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for zinc powder exports from Denmark, with a X% share of total exports. Moreover, zinc powder exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), twofold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Italy (X% per year).

In value terms, Germany ($X) remains the key foreign market for zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average zinc powder export price amounted to $X per ton, growing by X% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Croatia ($X per ton) and Portugal ($X per ton), while the average price for exports to Belgium ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Powder Imports

Imports into Denmark

In 2022, supplies from abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, zinc powder imports skyrocketed to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Norway (X tons) was the main supplier of zinc powder to Denmark, accounting for a X% share of total imports. It was followed by Germany (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Norway amounted to X%.

In value terms, Norway ($X) constituted the largest supplier of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) to Denmark, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Norway stood at X%.

Import Prices by Country

The average zinc powder import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc powder import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%).

Source: IndexBox Platform