Denmark: Chalk Market 2022

Chalk Market Size in Denmark

In 2021, the Danish chalk market decreased by -7.9% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, posted a buoyant increase. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Chalk Production in Denmark

In value terms, chalk production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 33% against the previous year. Chalk production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Chalk Exports

Exports from Denmark

In 2019, chalk exports from Denmark contracted markedly to X tons, waning by -29.2% compared with 2018. Overall, exports showed a pronounced setback. The pace of growth was the most pronounced in 2013 when exports increased by 12%. As a result, the exports attained the peak of X tons. From 2014 to 2019, the growth of the exports failed to regain momentum.

In value terms, chalk exports dropped to $X in 2019. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2014 with an increase of 16%. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

Finland (X tons) was the main destination for chalk exports from Denmark, accounting for a 58% share of total exports. Moreover, chalk exports to Finland exceeded the volume sent to the second major destination, Sweden (X tons), threefold. Norway (X tons) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2019, the average annual rate of growth in terms of volume to Finland stood at -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-10.9% per year) and Norway (+61.2% per year).

In value terms, Finland ($X) remains the key foreign market for chalk exports from Denmark, comprising 56% of total exports. The second position in the ranking was held by Sweden ($X), with a 27% share of total exports. It was followed by Norway, with a 14% share.

From 2012 to 2019, the average annual growth rate of value to Finland amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-8.4% per year) and Norway (+53.2% per year).

Export Prices by Country

The average chalk export price stood at $X per ton in 2019, rising by 27% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2019, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.6%), while the prices for the other major destinations experienced a decline.

Chalk Imports

Imports into Denmark

In 2021, the amount of chalks imported into Denmark contracted sharply to X tons, with a decrease of -69.9% on the previous year's figure. Over the period under review, imports saw a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, chalk imports rose sharply to $X in 2021. In general, imports saw a slight slump. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and France (X tons) were the main suppliers of chalk imports to Denmark, together accounting for 96% of total imports. Spain and the UK lagged somewhat behind, together accounting for a further 2.8%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +166.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of chalk to Denmark, comprising 68% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by France, with a 6.2% 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: Germany (-12.6% per year) and France (-1.3% per year).

Import Prices by Country

In 2021, the average chalk import price amounted to $X per ton, jumping by 270% against the previous year. Overall, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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