Denmark: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Denmark

In 2022, after two years of growth, there was significant decline in the Danish market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, when its value decreased by -19.3% to $X. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2021, and then declined notably in the following year.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Denmark

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground fell notably to $X in 2022 estimated in export price. Overall, production showed a dramatic shrinkage. The growth pace was the most rapid in 2016 when the production volume increased by 207%. Over the period under review, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Denmark

In 2022, overseas shipments of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground were finally on the rise to reach X square meters after two years of decline. Over the period under review, exports enjoyed moderate growth. The most prominent rate of growth was recorded in 2019 when exports increased by 242% against the previous year. As a result, the exports reached the peak of X square meters. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground shrank to $X in 2022. Overall, exports showed a tangible increase. The most prominent rate of growth was recorded in 2019 when exports increased by 109% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Germany (X square meters) was the main destination for exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Denmark, accounting for a 79% share of total exports. Moreover, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Germany exceeded the volume sent to the second major destination, Norway (X square meters), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+4.4% per year) and Sweden (+1.6% per year).

In value terms, Norway ($X) remains the key foreign market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground exports from Denmark, comprising 52% of total exports. The second position in the ranking was held by Germany ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.6% per year) and Sweden (+5.6% per year).

Export Prices by Country

In 2022, the average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground amounted to $X per square meter, declining by -27% against the previous year. Over the period under review, the export price, however, continues to indicate a mild expansion. The growth pace was the most rapid in 2017 an increase of 58% against the previous year. The export price peaked at $X per square meter in 2018; however, from 2019 to 2022, the export prices remained at a 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 Norway ($X per square meter), while the average price for exports to Germany ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Denmark

In 2022, overseas purchases of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground decreased by -13.8% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum at X square meters in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground reduced to $X in 2022. Over the period under review, imports, however, saw a mild expansion. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Germany (X square meters) constituted the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier to Denmark, accounting for a 83% share of total imports. Moreover, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Germany exceeded the figures recorded by the second-largest supplier, China (X square meters), more than tenfold. The third position in this ranking was taken by Belgium (X square meters), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.7% per year) and Belgium (-3.2% per year).

In value terms, Germany ($X) constituted the largest supplier of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Denmark, comprising 80% of total imports. The second position in the ranking was held by France ($X), with a 6% share of total imports. It was followed by China, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.5% per year) and China (+16.9% per year).

Import Prices by Country

The average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, approximately reflecting the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground decreased by -6.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30% against the previous year. The import price peaked at $X per square meter in 2019; however, from 2020 to 2022, 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 France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform