Denmark: Abs Copolymers Market 2024

Abs Copolymers Market Size in Denmark

The Danish ABS copolymers market soared to $X in 2021, jumping by 204% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable setback. Consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Abs Copolymers Production in Denmark

In value terms, ABS copolymers production skyrocketed to $X in 2021 estimated in export price. In general, production recorded a significant expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Abs Copolymers Exports

Exports from Denmark

In 2021, overseas shipments of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms increased by 126% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, exports recorded a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers exports surged to $X in 2021. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Hungary (X tons), Mexico (X tons) and Sweden (X tons) were the main destinations of ABS copolymers exports from Denmark, together accounting for 68% of total exports. China, Germany, Belarus, Poland, Singapore, Finland and the Czech Republic lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +286.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Mexico ($X) and Sweden ($X) constituted the largest markets for ABS copolymers exported from Denmark worldwide, together comprising 53% of total exports. These countries were followed by Germany, China, Poland, Belarus, Finland, Singapore and the Czech Republic, which together accounted for a further 39%.

In terms of the main countries of destination, Belarus, with a CAGR of +198.4%, recorded the highest growth rate of 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 ABS copolymers export price amounted to $X per ton, reducing by -14.9% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2017 an increase of 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Mexico ($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 (+2.3%), while the prices for the other major destinations experienced a decline.

Abs Copolymers Imports

Imports into Denmark

ABS copolymers imports into Denmark soared to X tons in 2021, increasing by 162% compared with 2020 figures. Over the period under review, imports, however, recorded a pronounced curtailment. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, ABS copolymers imports skyrocketed to $X in 2021. Overall, imports, however, saw a pronounced setback. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Taiwan (Chinese) (X tons) constituted the largest supplier of ABS copolymers to Denmark, with a 51% share of total imports. Moreover, ABS copolymers imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. South Korea (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from Taiwan (Chinese) totaled +236.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.1% per year) and South Korea (+2.4% per year).

In value terms, the largest ABS copolymers suppliers to Denmark were Taiwan (Chinese) ($X), Germany ($X) and Sweden ($X), with a combined 75% share of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +224.2%, recorded the highest rates of growth with regard to the value of imports, 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 ABS copolymers import price amounted to $X per ton, surging by 16% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26%. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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