Denmark: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Denmark

The Danish acid and mordant dye market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a perceptible contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Denmark

In value terms, acid and mordant dye production skyrocketed to $X in 2021 estimated in export price. Overall, production showed significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 31,756%. Acid and mordant dye production peaked in 2021 and is expected to retain growth in the immediate term.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Denmark

In 2021, exports of acid and mordant dyes and preparations based thereon from Denmark surged to X tons, jumping by 71% against the year before. Over the period under review, total exports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, acid and mordant dye exports soared to $X in 2021. Overall, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons), Finland (X tons) and the United States (X tons) were the main destinations of acid and mordant dye exports from Denmark, together comprising 39% of total exports. These countries were followed by China, Sweden, Turkey, Lithuania, Iceland, Indonesia, Austria, Australia, Vietnam and Luxembourg, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Indonesia (with a CAGR of +526.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for acid and mordant dye exported from Denmark were Norway ($X), Finland ($X) and Sweden ($X), with a combined 60% share of total exports. China, the United States, Iceland, Lithuania, Luxembourg, Turkey, Indonesia, Australia, Vietnam and Austria lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, Indonesia, with a CAGR of +631.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average acid and mordant dye export price amounted to $X per ton, rising by 13% against the previous year. In general, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Turkey ($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 Luxembourg (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Denmark

For the third year in a row, Denmark recorded growth in purchases abroad of acid and mordant dyes and preparations based thereon, which increased by 19% to X tons in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +9.1% against 2017 indices. The growth pace was the most rapid in 2016 with an increase of 26% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, acid and mordant dye imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 22% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of acid and mordant dye imports to Denmark, together comprising 80% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +75.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest acid and mordant dye suppliers to Denmark were Germany ($X), Austria ($X) and Italy ($X), together accounting for 83% of total imports.

Italy, with a CAGR of +63.9%, saw the highest rates of growth with regard to 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

In 2021, the average acid and mordant dye import price amounted to $X per ton, shrinking by -10.1% against the previous year. In general, the import price showed a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 9%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: among the top importers, the country with the highest price was Austria ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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