Denmark: Acyclic Hydrocarbons Market 2022

Acyclic Hydrocarbons Market Size in Denmark

The Danish acyclic hydrocarbons market fell slightly to $X in 2020, which is down by -X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Acyclic hydrocarbons consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Acyclic Hydrocarbons Production in Denmark

In value terms, acyclic hydrocarbons production totaled $X in 2020 estimated in export prices. Overall, production, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Acyclic hydrocarbons production peaked at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

Acyclic Hydrocarbons Exports

Exports from Denmark

In 2020, shipments abroad of acyclic hydrocarbons decreased by -X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a deep setback. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, acyclic hydrocarbons exports dropped notably to $X in 2020. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Sweden (X tons) was the main destination for acyclic hydrocarbons exports from Denmark, accounting for a X% share of total exports. Moreover, acyclic hydrocarbons exports to Sweden exceeded the volume sent to the second major destination, Finland (X tons), fivefold. The third position in this ranking was occupied by Norway (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+X% per year) and Norway (-X% per year).

In value terms, Sweden ($X) remains the key foreign market for acyclic hydrocarbons exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and Finland (+X% per year).

Export Prices by Country

In 2020, the average acyclic hydrocarbons export price amounted to $X per ton, remaining stable against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands, while the prices for the other major destinations experienced more modest paces of growth.

Acyclic Hydrocarbons Imports

Imports into Denmark

In 2020, purchases abroad of acyclic hydrocarbons increased by X% to X tons, rising for the fourth year in a row after three years of decline. Overall, imports recorded tangible growth. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, acyclic hydrocarbons imports skyrocketed to $X in 2020. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, the Netherlands (X tons) constituted the largest acyclic hydrocarbons supplier to Denmark, accounting for a X% share of total imports. Moreover, acyclic hydrocarbons imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Belgium (-X% per year).

In value terms, the Netherlands ($X), Germany ($X) and Sweden ($X) were the largest acyclic hydrocarbons suppliers to Denmark, with a combined X% share of total imports.

The Netherlands saw the highest growth rate of 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

The average acyclic hydrocarbons import price stood at $X per ton in 2020, surging by X% against the previous year. In general, import price indicated a slight increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, acyclic hydrocarbons import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2015 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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