Denmark: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Denmark

The Danish cyclanes, cyclenes and cycloterpenes market soared to $X in 2021, jumping by 16% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +133.3% against 2015 indices. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Denmark

In value terms, cyclanes, cyclenes and cycloterpenes production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 119%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Denmark

In 2021, after three years of growth, there was significant decline in shipments abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane), when their volume decreased by -64.4% to X tons. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by 80%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports reduced rapidly to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 48% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X tons), Finland (X tons) and Germany (X tons) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from Denmark, with a combined 79% share of total exports. These countries were followed by Sweden, Iceland, Norway and Serbia, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of +0.1%), while the other leaders experienced a decline.

In value terms, the largest markets for cyclanes, cyclenes and cycloterpenes exported from Denmark were Poland ($X), Finland ($X) and Germany ($X), with a combined 65% share of total exports. These countries were followed by Iceland, Sweden, Norway and Serbia, which together accounted for a further 16%.

Iceland, with a CAGR of -1.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, rising by 58% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cyclanes, cyclenes and cycloterpenes export price increased by +88.5% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Serbia (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Denmark

In 2021, supplies from abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) increased by 12% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2017 when imports increased by 56%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports surged to $X in 2021. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 88% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest cyclanes, cyclenes and cycloterpenes supplier to Denmark, with a 44% share of total imports. Moreover, cyclanes, cyclenes and cycloterpenes imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. India (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.0% per year) and India (+38.1% per year).

In value terms, France ($X) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) to Denmark, comprising 41% of total imports. The second position in the ranking was taken by Germany ($X), with a 17% share of total imports. It was followed by India, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.9% per year) and India (+42.7% per year).

Import Prices by Country

The average cyclanes, cyclenes and cycloterpenes import price stood at $X per ton in 2021, picking up by 34% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for South Korea ($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 (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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