Denmark: Expanded Clays Market 2024

Expanded Clays Market Size in Denmark

In 2021, after two years of decline, there was significant growth in the Danish expanded clays market, when its value increased by 71% to $X. In general, consumption enjoyed a resilient increase. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Expanded Clays Production in Denmark

In value terms, expanded clays production shrank slightly to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 58% against the previous year. Expanded clays production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Expanded Clays Exports

Exports from Denmark

In 2021, expanded clays exports from Denmark soared to X tons, jumping by 20% against the previous year's figure. Over the period under review, total exports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +91.1% against 2016 indices. The growth pace was the most rapid in 2014 when exports increased by 46%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, expanded clays exports surged to $X in 2021. Overall, exports recorded mild growth. The growth pace was the most rapid in 2014 when exports increased by 92% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons), the UK (X tons) and Sweden (X tons) were the main destinations of expanded clays exports from Denmark, together accounting for 82% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +26.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Sweden ($X) constituted the largest markets for expanded clays exported from Denmark worldwide, together comprising 75% of total exports.

Among the main countries of destination, Sweden, with a CAGR of +20.9%, saw the highest growth rate of 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

In 2021, the average expanded clays export price amounted to $X per ton, falling by -1.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 31%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Estonia ($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 Lithuania (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Expanded Clays Imports

Imports into Denmark

In 2021, overseas purchases of exfoliated vermiculite, expanded clays and foamed slag increased by 15% to X tons for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 54%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, expanded clays imports dropped to $X in 2021. The total import value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 27%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Spain (X tons), Sweden (X tons) and Belgium (X tons) were the main suppliers of expanded clays imports to Denmark, together accounting for 72% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +210.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of exfoliated vermiculite, expanded clays and foamed slag to Denmark, comprising 42% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 15% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+18.8% per year) and Belgium (-3.0% per year).

Import Prices by Country

The average expanded clays import price stood at $X per ton in 2021, dropping by -22.1% against the previous year. Over the period under review, the import price, however, saw a temperate expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 150% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then dropped sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Spain ($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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :