Report Update Nov 1, 2024

Denmark - Ethylene - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Ethylene Market 2024

Ethylene Market Size in Denmark

After three years of growth, the Danish ethylene market decreased by -3.5% to $X in 2021. In general, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +46.5% against 2017 indices. Ethylene consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Ethylene Production in Denmark

In value terms, ethylene production dropped to $X in 2021 estimated in export price. Overall, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +53.7% against 2017 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 32% against the previous year. Ethylene production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Ethylene Exports

Exports from Denmark

In 2021, the amount of ethylene exported from Denmark declined dramatically to X tons, reducing by -92.4% on 2020. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 98%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ethylene exports fell sharply to $X in 2021. In general, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 with an increase of 275% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Faroe Islands (X tons) was the main destination for ethylene exports from Denmark, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Faroe Islands was relatively modest.

In value terms, Faroe Islands ($X) emerged as the key foreign market for ethylene exports from Denmark.

From 2012 to 2021, the average annual rate of growth in terms of value to Faroe Islands was relatively modest.

Export Prices by Country

In 2021, the average ethylene export price amounted to $X per ton, growing by 46% against the previous year. In general, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 89% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Faroe Islands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +10.9% per year.

Ethylene Imports

Imports into Denmark

In 2021, the amount of ethylene imported into Denmark shrank to X tons, declining by -9.2% compared with the year before. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 141% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, ethylene imports soared to $X in 2021. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of ethylene to Denmark, accounting for a 83% share of total imports. Moreover, ethylene imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at -6.5%.

In value terms, Belgium ($X) and Germany ($X) were the largest ethylene suppliers to Denmark.

In terms of the main suppliers, Germany, with a CAGR of +11.6%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average ethylene import price stood at $X per ton in 2021, picking up by 65% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ethylene in the world?

China remains the largest ethylene consuming country worldwide, comprising approx. 23% of total volume. Moreover, ethylene consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ethylene in the world?

The country with the largest volume of ethylene production was China, accounting for 22% of total volume. Moreover, ethylene production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.3% share.

What are the leading suppliers of ethylene to Denmark?

In value terms, Germany constituted the largest supplier of ethylene to Denmark, comprising 68% of total imports. The second position in the ranking was occupied by Belgium, with a 31% share of total imports.

What is the average export price for ethylene in Denmark?

The average ethylene export price stood at $1,774 per ton in 2021, falling by -15.2% against the previous year.

What is the average import price for ethylene in Denmark?

The average ethylene import price stood at $1,652 per ton in 2021, with an increase of 17% against the previous year.

This report provides an in-depth analysis of the ethylene market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20141130 - Ethylene

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023