Denmark: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Denmark

In 2021, the Danish calcareous building stone market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, saw a deep setback. Calcareous building stone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Calcareous Building Stone Production in Denmark

In value terms, calcareous building stone production reached $X in 2021 estimated in export price. In general, production, however, showed a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 84%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Calcareous Building Stone Exports

Exports from Denmark

In 2020, after six years of growth, there was significant decline in overseas shipments of calcareous building stone, when their volume decreased by -80.1% to X tons. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by 273%. Over the period under review, the exports attained the peak figure at X tons in 2019, and then dropped remarkably in the following year.

In value terms, calcareous building stone exports reduced rapidly to $X in 2020. In general, exports saw a deep setback. The growth pace was the most rapid in 2014 when exports increased by 133% against the previous year. The exports peaked at $X in 2019, and then dropped dramatically in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for calcareous building stone exports from Denmark, accounting for a 73% share of total exports. Moreover, calcareous building stone exports to the Netherlands exceeded the volume sent to the second major destination, Norway (X tons), threefold.

From 2012 to 2020, the average annual growth rate of volume to the Netherlands amounted to +168.6%.

In value terms, the largest markets for calcareous building stone exported from Denmark were the Netherlands ($X) and Norway ($X).

Among the main countries of destination, the Netherlands, with a CAGR of +143.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2020, the average calcareous building stone export price amounted to $X per ton, increasing by 5.2% against the previous year. Overall, the export price, however, continues to indicate a sharp reduction. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (+43.7%), while the prices for the other major destinations experienced a decline.

Calcareous Building Stone Imports

Imports into Denmark

Calcareous building stone imports into Denmark skyrocketed to X tons in 2021, with an increase of 79% against the year before. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 772% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calcareous building stone imports soared to $X in 2021. Over the period under review, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by 532% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, India (X tons) was the main supplier of calcareous building stone to Denmark, with a 92% share of total imports. Moreover, calcareous building stone imports from India exceeded the figures recorded by the second-largest supplier, Iceland (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +29.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (0.0% per year) and Sweden (-18.9% per year).

In value terms, India ($X) constituted the largest supplier of calcareous building stone to Denmark, comprising 91% of total imports. The second position in the ranking was held by Iceland ($X), with a 5.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Iceland (0.0% per year) and Sweden (-22.8% per year).

Import Prices by Country

In 2021, the average calcareous building stone import price amounted to $X per ton, increasing by 43% against the previous year. Over the period under review, the import price, however, saw a deep slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 153%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, 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 Sweden ($X per ton), while the price for Iceland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+69.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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