Denmark: Borates And Perborates Market 2024

Borates And Perborates Market Size in Denmark

In 2022, the Danish borates and perborates market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Borates And Perborates Production in Denmark

In value terms, borates and perborates production totaled $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. Borates and perborates production peaked in 2022 and is likely to see gradual growth in the near future.

Borates And Perborates Exports

Exports from Denmark

In 2022, overseas shipments of borates, peroxoborates (perborates) decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, borates and perborates exports declined rapidly to $X in 2022. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% 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 stood at a somewhat lower figure.

Exports by Country

Finland (X tons) and Norway (X tons) were the main destinations of borates and perborates exports from Denmark.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%).

In value terms, the largest markets for borates and perborates exported from Denmark were Finland ($X) and Norway ($X).

Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average borates and perborates export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, borates and perborates export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Norway stood at $X per ton.

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

Borates And Perborates Imports

Imports into Denmark

In 2022, borates and perborates imports into Denmark declined modestly to X tons, remaining constant against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2021, and then reduced modestly in the following year.

In value terms, borates and perborates imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Imports peaked at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of borates and perborates to Denmark, accounting for a X% share of total imports. Moreover, borates and perborates imports from Finland exceeded the figures recorded by the second-largest supplier, Luxembourg (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (X% per year) and the Netherlands (X% per year).

In value terms, Finland ($X) constituted the largest supplier of borates, peroxoborates (perborates) to Denmark, comprising X% of total imports. The second position in the ranking was held by Luxembourg ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Finland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Luxembourg (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average borates and perborates import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. 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 Germany ($X per ton), while the price for the UK ($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 (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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