Denmark: Carbonate Market 2025

Carbonate Market Size in Denmark

In 2021, the Danish carbonate market increased by 0.9% to $X, rising for the fifth consecutive year after two years of decline. In general, the total consumption indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.8% 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 +52.3% against 2016 indices. Carbonate consumption peaked in 2021 and is expected to retain growth in the immediate term.

Carbonate Production in Denmark

In value terms, carbonate production fell remarkably to $X in 2021 estimated in export price. In general, production continues to indicate a precipitous descent. The pace of growth appeared the most rapid in 2018 when the production volume increased by 685%. Over the period under review, production hit record highs at $X in 2020, and then reduced rapidly in the following year.

Carbonate Exports

Exports from Denmark

In 2021, approx. X tons of carbonates and peroxocarbonates were exported from Denmark; increasing by 4.4% against 2020 figures. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 73% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, carbonate exports expanded remarkably to $X in 2021. In general, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 96%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for carbonate exports from Denmark, with a 48% share of total exports. Moreover, carbonate exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), twofold. Norway (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +61.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+13.1% per year) and Norway (+7.2% per year).

In value terms, Germany ($X) remains the key foreign market for carbonates and peroxocarbonates exports from Denmark, comprising 46% of total exports. The second position in the ranking was held by Sweden ($X), with a 21% share of total exports. It was followed by Norway, with a 7.3% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +53.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+14.5% per year) and Norway (+4.9% per year).

Export Prices by Country

In 2021, the average carbonate export price amounted to $X per ton, increasing by 4% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 56% against the previous year. The export price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Iceland ($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 Finland (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Carbonate Imports

Imports into Denmark

In 2021, supplies from abroad of carbonates and peroxocarbonates increased by 2.5% to X tons, rising for the fifth consecutive year after two years of decline. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.6% 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 increased by +55.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, carbonate imports reached $X in 2021. Overall, total imports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +55.7% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X tons), Poland (X tons) and Belgium (X tons) were the main suppliers of carbonate imports to Denmark, together accounting for 70% of total imports. Sweden, Russia, France and Finland lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +439.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of carbonates and peroxocarbonates to Denmark, comprising 31% of total imports. The second position in the ranking was taken by Poland ($X), with a 15% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+26.7% per year) and Belgium (+3.8% per year).

Import Prices by Country

In 2021, the average carbonate import price amounted to $X per ton, with a decrease of -2.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 9.3%. As a result, import price reached the peak level of $X per ton. From 2014 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 Finland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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