Denmark: Dolomite Market 2024

Dolomite Market Size in Denmark

The Danish dolomite market soared to $X in 2021, growing by 61% against the previous year. Overall, consumption, however, continues to indicate a pronounced contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dolomite Production in Denmark

In value terms, dolomite production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep reduction. Dolomite production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Dolomite Exports

Exports from Denmark

For the third year in a row, Denmark recorded decline in shipments abroad of chalk and dolomite, which decreased by -49.8% to X tons in 2021. Overall, exports saw a significant contraction. The pace of growth appeared the most rapid in 2013 when exports increased by 11%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, dolomite exports shrank significantly to $X in 2021. In general, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2018 with an increase of 15% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for dolomite exports from Denmark, with a 85% share of total exports. Moreover, dolomite exports to Sweden exceeded the volume sent to the second major destination, Finland (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a 0.6% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden stood at -29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-44.0% per year) and Germany (-52.2% per year).

In value terms, Sweden ($X) remains the key foreign market for chalk and dolomite exports from Denmark, comprising 84% of total exports. The second position in the ranking was taken by Finland ($X), with a 14% share of total exports. It was followed by Germany, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at -27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-43.1% per year) and Germany (-34.4% per year).

Export Prices by Country

In 2021, the average dolomite export price amounted to $X per ton, picking up by 48% against the previous year. Overall, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dolomite export price increased by +85.9% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 78%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($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 Germany (+37.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dolomite Imports

Imports into Denmark

In 2021, the amount of chalk and dolomite imported into Denmark shrank markedly to X tons, waning by -24.1% against the year before. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, dolomite imports soared to $X in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), Sweden (X tons) and Norway (X tons) were the main suppliers of dolomite imports to Denmark, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +9.8%), while purchases for the other leaders experienced a decline.

In value terms, Sweden ($X) constituted the largest supplier of chalk and dolomite to Denmark, comprising 54% of total imports. The second position in the ranking was taken by Norway ($X), with a 14% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Sweden totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-1.0% per year) and Germany (-3.8% per year).

Import Prices by Country

In 2021, the average dolomite import price amounted to $X per ton, jumping by 58% against the previous year. Overall, the import price continues to indicate prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for the UK ($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 (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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