Denmark: Plaster Article Market 2024

Plaster Article Market Size in Denmark

In 2021, the Danish plaster article market increased by 4.5% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +6.0% against 2019 indices. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Plaster Article Production in Denmark

In value terms, plaster article production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. Plaster article production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Plaster Article Exports

Exports from Denmark

In 2021, shipments abroad of articles of plaster or of compositions based on plaster decreased by -1% to X tons, falling for the fourth consecutive year after four years of growth. Overall, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of 8.6%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, plaster article exports surged to $X in 2021. In general, exports saw a noticeable descent. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for plaster article exports from Denmark, accounting for a 29% share of total exports. Moreover, plaster article exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), twofold. France (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway totaled -9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+5.8% per year) and France (-3.3% per year).

In value terms, the largest markets for plaster article exported from Denmark were France ($X), Norway ($X) and the UK ($X), with a combined 46% share of total exports. These countries were followed by Sweden, the United Arab Emirates, Finland, Germany, Faroe Islands, Greenland, Iceland, Spain and the Netherlands, which together accounted for a further 33%.

Among the main countries of destination, Spain, with a CAGR of +13.2%, 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 plaster article export price stood at $X per ton in 2021, growing by 17% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Iceland ($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 Germany (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Denmark

In 2021, overseas purchases of articles of plaster or of compositions based on plaster decreased by -14.9% to X tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 87%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, plaster article imports contracted modestly to $X in 2021. In general, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.8% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 65% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of plaster article imports to Denmark, together accounting for 92% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +195.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest plaster article suppliers to Denmark, together comprising 88% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +154.7%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average plaster article import price amounted to $X per ton, growing by 16% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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