Denmark: Aromatic Polyamines Market 2024

Aromatic Polyamines Market Size in Denmark

The Danish aromatic polyamines market surged to $X in 2021, with an increase of 86% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a dramatic slump. Aromatic polyamines consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aromatic Polyamines Exports

Exports from Denmark

After three years of growth, shipments abroad of aromatic polyamines and their derivatives, salts thereof decreased by -79% to X kg in 2021. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2014 when exports increased by 611%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, aromatic polyamines exports dropped dramatically to $X in 2021. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 1,793% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X kg) was the main destination for aromatic polyamines exports from Denmark, accounting for a 57% share of total exports. Moreover, aromatic polyamines exports to the UK exceeded the volume sent to the second major destination, Norway (X kg), twofold. The third position in this ranking was taken by Poland (X kg), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+11.5% per year) and Poland (-39.1% per year).

In value terms, the UK ($X) emerged as the key foreign market for aromatic polyamines and their derivatives, salts thereof exports from Denmark, comprising 65% of total exports. The second position in the ranking was taken by Norway ($X), with a 28% share of total exports. It was followed by Poland, with a 5% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+11.9% per year) and Poland (-42.5% per year).

Export Prices by Country

The average aromatic polyamines export price stood at $X per ton in 2021, surging by 116% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 1,272% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Cyprus ($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 Finland (+59.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Polyamines Imports

Imports into Denmark

In 2021, approx. X tons of aromatic polyamines and their derivatives, salts thereof were imported into Denmark; rising by 145% against the year before. In general, imports, however, recorded a dramatic descent. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, aromatic polyamines imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 204%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest aromatic polyamines supplier to Denmark, accounting for a 78% share of total imports. Moreover, aromatic polyamines imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-42.7% per year) and Germany (-12.2% per year).

In value terms, China ($X), India ($X) and Germany ($X) were the largest aromatic polyamines suppliers to Denmark, with a combined 100% share of total imports.

In terms of the main suppliers, China, with a CAGR of +46.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average aromatic polyamines import price stood at $X per ton in 2021, dropping by -48.8% against the previous year. Overall, the import price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 284%. As a result, import price reached the peak level of $X per ton, and then reduced markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+52.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :