Denmark: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Denmark

In 2022, the Danish market for cellular plates, sheets and films of polyymers of styrene increased by 11% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +72.2% against 2019 indices. Consumption of peaked in 2022 and is likely to see gradual growth in years to come.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Denmark

In value terms, production of cellular plates, sheets and films of polyymers of styrene surged to $X in 2022 estimated in export price. Overall, production enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by 52% against the previous year. Over the period under review, production of attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Denmark

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene exported from Denmark expanded markedly to X tons, increasing by 10% compared with the year before. Overall, exports saw a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by 81% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene declined significantly to $X in 2022. Over the period under review, exports saw slight growth. The most prominent rate of growth was recorded in 2016 when exports increased by 52% against the previous year. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons), the Netherlands (X tons) and Faroe Islands (X tons) were the main destinations of exports of cellular plates, sheets and films of polyymers of styrene from Denmark, together accounting for 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +153.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Faroe Islands ($X), Norway ($X) and the Netherlands ($X) were the largest markets for polystyrene cellular plates, sheets and films exported from Denmark worldwide, with a combined 79% share of total exports.

The Netherlands, with a CAGR of +109.7%, recorded the highest rates of growth with regard to 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

In 2022, the average export price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, reducing by -28.5% against the previous year. Over the period under review, the export price faced a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Denmark

In 2022, the amount of cellular plates, sheets and films of polyymers of styrene imported into Denmark plummeted to X tons, which is down by -20.3% against 2021. Over the period under review, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of X tons, and then declined notably in the following year.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene fell to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest polystyrene cellular plates, sheets and films supplier to Denmark, with a 70% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from Sweden exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sevenfold. The third position in this ranking was taken by Germany (X tons), with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-8.6% per year) and Germany (+0.4% per year).

In value terms, Sweden ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Denmark, comprising 61% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports. It was followed by Germany, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-12.6% per year) and Germany (-1.7% per year).

Import Prices by Country

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, picking up by 14% against the previous year. Overall, the import price, however, showed a deep contraction. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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