Denmark: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Denmark

In 2022, after five years of growth, there was significant decline in the Danish articles of fiber cement market, when its value decreased by -13.6% to $X. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Denmark

In 2022, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -19.9% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of 22%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of fiber cement exports contracted to $X in 2022. Overall, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of 38% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), Norway (X tons) and Hungary (X tons) were the main destinations of articles of fiber cement exports from Denmark, together comprising 72% of total exports. The UK, Iceland, Finland, Italy, Poland, the Czech Republic, the Netherlands and Germany lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of +54.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Sweden ($X) and Norway ($X) constituted the largest markets for articles of fiber cement exported from Denmark worldwide, with a combined 63% share of total exports. Hungary, Iceland, Italy, Finland, Poland, the Netherlands, the Czech Republic and Germany lagged somewhat behind, together comprising a further 26%.

In terms of the main countries of destination, Hungary, with a CAGR of +50.3%, 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

The average articles of fiber cement export price stood at $X per ton in 2022, increasing by 9.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2021 an increase of 23%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Czech Republic ($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 UK (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Denmark

In 2022, purchases abroad of articles of asbestos-cement, cellulose fiber-cement or the like decreased by -2.1% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Imports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, articles of fiber cement imports dropped remarkably to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest articles of fiber cement supplier to Denmark, accounting for a 43% share of total imports. Moreover, articles of fiber cement imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was held by Finland (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+4.2% per year) and Finland (+17.3% per year).

In value terms, the Czech Republic ($X), Poland ($X) and Hungary ($X) constituted the largest articles of fiber cement suppliers to Denmark, together accounting for 64% of total imports. Finland, Thailand, the United States, Belgium, Lithuania, Italy, the Netherlands and the UK lagged somewhat behind, together comprising a further 30%.

Lithuania, with a CAGR of +321.6%, recorded the highest growth rate of the value of imports, among 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 2022, the average articles of fiber cement import price amounted to $X per ton, waning by -14.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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