Denmark: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in Denmark

The Danish bituminous mixtures market soared to $X in 2021, jumping by 87% against the previous year. In general, consumption continues to indicate a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Bituminous Mixtures Production in Denmark

In value terms, bituminous mixtures production soared to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Bituminous Mixtures Exports

Exports from Denmark

In 2021, approx. X tons of bituminous mixtures were exported from Denmark; remaining constant against the previous year's figure. Over the period under review, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of 47%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bituminous mixtures exports rose slightly to $X in 2021. Overall, exports, however, showed a mild contraction. The most prominent rate of growth was recorded in 2019 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Norway (X tons) and Greenland (X tons) were the main destinations of bituminous mixtures exports from Denmark, together accounting for 79% of total exports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +11.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the largest markets for bituminous mixtures exported from Denmark worldwide, with a combined 83% share of total exports.

Norway, with a CAGR of +11.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bituminous mixtures export price stood at $X per ton in 2021, surging by 2.8% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, bituminous mixtures export price increased by +75.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 57%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to Greenland ($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 Sweden (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bituminous Mixtures Imports

Imports into Denmark

In 2021, purchases abroad of bituminous mixtures was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, recorded a abrupt contraction. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, bituminous mixtures imports soared to $X in 2021. Over the period under review, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 53% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Israel (X tons) and Germany (X tons) were the main suppliers of bituminous mixtures imports to Denmark, together comprising 72% of total imports.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +35.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bituminous mixtures suppliers to Denmark were the Netherlands ($X), Israel ($X) and Germany ($X), with a combined 61% share of total imports. Sweden, France, the UK, Belgium, Italy and the United States lagged somewhat behind, together accounting for a further 35%.

France, with a CAGR of +36.6%, saw the highest rates of growth with regard to 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

In 2021, the average bituminous mixtures import price amounted to $X per ton, falling by -30.3% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2021: its price 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, bituminous mixtures import price decreased by -36.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 44% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Italy ($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 United States (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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