Denmark: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Denmark

The Danish vulcanised rubber erases market soared to $X in 2021, increasing by 48% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a mild curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Vulcanised Rubber Erases Exports

Exports from Denmark

For the fourth year in a row, Denmark recorded decline in overseas shipments of erasers of vulcanised rubber, which decreased by -10.8% to X tons in 2021. Over the period under review, exports, however, saw a measured expansion. The pace of growth was the most pronounced in 2017 with an increase of 90%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, vulcanised rubber erases exports shrank modestly to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 33% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for vulcanised rubber erases exports from Denmark, accounting for a 58% share of total exports. Moreover, vulcanised rubber erases exports to Sweden exceeded the volume sent to the second major destination, Norway (X tons), sevenfold. The third position in this ranking was taken by Finland (X tons), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+3.7% per year) and Finland (+0.3% per year).

In value terms, Sweden ($X) remains the key foreign market for erasers of vulcanised rubber exports from Denmark, comprising 58% of total exports. The second position in the ranking was held by Norway ($X), with a 9.4% share of total exports. It was followed by France, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+2.1% per year) and France (+27.7% per year).

Export Prices by Country

In 2021, the average vulcanised rubber erases export price amounted to $X per ton, with an increase of 10% against the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 48% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 France ($X per ton), while the average price for exports to Italy ($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 Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into Denmark

In 2021, after two years of decline, there was significant growth in purchases abroad of erasers of vulcanised rubber, when their volume increased by 21% to X tons. In general, imports showed a temperate expansion. The growth pace was the most rapid in 2014 with an increase of 149%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, vulcanised rubber erases imports rose sharply to $X in 2021. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 46% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and Finland (X tons) were the main suppliers of vulcanised rubber erases imports to Denmark, together comprising 83% of total imports. Sweden, France and Belgium lagged somewhat behind, together comprising a further 9.9%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +158.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of erasers of vulcanised rubber to Denmark, comprising 44% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by Sweden, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.6% per year) and Sweden (+17.3% per year).

Import Prices by Country

In 2021, the average vulcanised rubber erases import price amounted to $X per ton, dropping by -11.8% against the previous year. Over the period under review, the import price faced a abrupt decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 45%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :