Denmark: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Denmark

In 2022, the Danish adhesive bandage market decreased by -2.1% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption continues to indicate a perceptible setback. Adhesive bandage consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Adhesive Bandage Production in Denmark

In value terms, adhesive bandage production contracted to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 27%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Adhesive Bandage Exports

Exports from Denmark

In 2022, the amount of adhesive bandages exported from Denmark contracted to X tons, waning by -13.2% against 2021 figures. Overall, exports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, adhesive bandage exports contracted to $X in 2022. Over the period under review, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Hungary (X tons) and Norway (X tons) were the main destinations of adhesive bandage exports from Denmark, together comprising 86% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +23.5%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Hungary ($X) and the United States ($X) appeared to be the largest markets for adhesive bandage exported from Denmark worldwide, with a combined 84% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of +13.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average adhesive bandage export price amounted to $X per ton, leveling off at the previous year. Overall, the export price showed a pronounced descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 20% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into Denmark

In 2022, approx. X tons of adhesive bandages were imported into Denmark; declining by -9.8% against the year before. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 42% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, adhesive bandage imports declined to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 33% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Hungary (X tons) constituted the largest adhesive bandage supplier to Denmark, accounting for a 64% share of total imports. Moreover, adhesive bandage imports from Hungary exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sixfold. The third position in this ranking was held by the Netherlands (X tons), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+4.3% per year) and the Netherlands (+14.0% per year).

In value terms, Hungary ($X) constituted the largest supplier of adhesive bandages to Denmark, comprising 55% of total imports. The second position in the ranking was taken by Sweden ($X), with a 15% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Hungary totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+1.2% per year) and Germany (+0.1% per year).

Import Prices by Country

The average adhesive bandage import price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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