Denmark: Filter Block Market 2024

Filter Block Market Size in Denmark

The Danish filter block market surged to $X in 2022, with an increase of 43% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Filter block consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Filter Block Production in Denmark

In value terms, filter block production rose sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to see gradual growth in the near future.

Filter Block Exports

Exports from Denmark

In 2022, overseas shipments of filter blocks, slabs and plates of paper pulp decreased by -5.9% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by 35%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, filter block exports shrank modestly to $X in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 33% against the previous year. The exports peaked at $X in 2021, and then dropped slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for filter block exports from Denmark, accounting for a 30% share of total exports. Moreover, filter block exports to Germany exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+1.9% per year) and the United States (+1.5% per year).

In value terms, the largest markets for filter block exported from Denmark were Germany ($X), the United States ($X) and Spain ($X), with a combined 37% share of total exports. The UK, Japan, China, the Netherlands, Australia, Norway, India, Canada, Poland and France lagged somewhat behind, together accounting for a further 38%.

Australia, with a CAGR of +53.0%, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average filter block export price amounted to $X per ton, picking up by 5.8% against the previous year. In general, the export price, however, showed a slight slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 16%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Filter Block Imports

Imports into Denmark

Filter block imports into Denmark skyrocketed to X tons in 2022, increasing by 153% on the previous year's figure. Over the period under review, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 164%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, filter block imports soared to $X in 2022. In general, imports showed resilient growth. The growth pace was the most rapid in 2021 with an increase of 164% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) was the main supplier of filter block to Denmark, accounting for a 94% share of total imports. It was followed by Sweden (X tons), with a 0.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +19.9%.

In value terms, Germany ($X) constituted the largest supplier of filter blocks, slabs and plates of paper pulp to Denmark, comprising 83% of total imports. The second position in the ranking was held by Sweden ($X), with a 5.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +9.2%.

Import Prices by Country

The average filter block import price stood at $X per ton in 2022, waning by -1.8% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2014 an increase of 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+26.1%).

Source: IndexBox Platform

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