Denmark: Market for Marble And Travertine 2024

Market Size for Marble And Travertine in Denmark

In 2022, the Danish marble and travertine crude market increased by 4.1% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, recorded a noticeable descent. Marble and travertine crude consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Marble And Travertine in Denmark

In value terms, marble and travertine crude production totaled $X in 2022 estimated in export price. In general, production, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2018 with an increase of 14%. Marble and travertine crude production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Marble And Travertine

Exports from Denmark

In 2022, overseas shipments of marble and travertine decreased by -40.9% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2018 when exports increased by 4,467% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the crude exports remained at a somewhat lower figure.

In value terms, marble and travertine crude exports dropped sharply to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 1,043%. The exports peaked at $X in 2021, and then fell notably in the following year.

Exports by Country

Sweden (X tons) was the main destination for marble and travertine crude exports from Denmark, with a 85% share of total exports. Moreover, marble and travertine crude exports to Sweden exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. The third position in this ranking was taken by Norway (X tons), with a 3% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to -17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+441.9% per year) and Norway (-24.9% per year).

In value terms, the largest markets for marble and travertine crude exported from Denmark were Germany ($X), Iceland ($X) and Hungary ($X), together accounting for 51% of total exports.

Among the main countries of destination, Iceland, with a CAGR of +2,947.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average marble and travertine crude export price stood at $X per ton in 2022, rising by 23% against the previous year. In general, the export price showed a noticeable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 322% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, 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 Switzerland ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+119.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine

Imports into Denmark

In 2022, the amount of marble and travertine imported into Denmark skyrocketed to X tons, growing by 54% compared with the previous year. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 266,272% against the previous year. Over the period under review, crude imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, marble and travertine crude imports skyrocketed to $X in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 17,681% against the previous year. Over the period under review, crude imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Spain (X tons) constituted the largest marble and travertine crude supplier to Denmark, with a 63% share of total imports. Moreover, marble and travertine crude imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+45.6% per year) and Germany (+197.6% per year).

In value terms, the largest marble and travertine crude suppliers to Denmark were Italy ($X), Spain ($X) and Greece ($X), together comprising 61% of total imports. These countries were followed by Germany, which accounted for a further 6.9%.

Germany, with a CAGR of +170.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average marble and travertine crude import price stood at $X per ton in 2022, increasing by 8.2% against the previous year. Over the period under review, the import price, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 432% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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