Denmark: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Denmark

The Danish vulcanised rubber mats market surged to $X in 2021, with an increase of 20% 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). Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.1% against 2015 indices. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Vulcanised Rubber Mats Exports

Exports from Denmark

In 2021, overseas shipments of floor coverings and mats of vulcanised rubber increased by 7.8% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a temperate expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 47%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, vulcanised rubber mats exports expanded rapidly to $X in 2021. The total export value increased at an average annual rate of +2.3% 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 2020 with an increase of 30%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), Norway (X tons) and Germany (X tons) were the main destinations of vulcanised rubber mats exports from Denmark, together accounting for 84% of total exports. These countries were followed by Finland, the UK, Faroe Islands, the Netherlands and Iceland, which together accounted for a further 8.5%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +20.3%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for floor coverings and mats of vulcanised rubber exports from Denmark, comprising 42% of total exports. The second position in the ranking was held by Norway ($X), with an 18% share of total exports. It was followed by the UK, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to Sweden stood at +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-5.2% per year) and the UK (+8.5% per year).

Export Prices by Country

The average vulcanised rubber mats export price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price, however, saw a mild descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 34% 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 the UK ($X per ton), while the average price for exports to Norway ($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 the UK (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into Denmark

In 2021, purchases abroad of floor coverings and mats of vulcanised rubber increased by 8.9% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 48%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, vulcanised rubber mats imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 46%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Vietnam (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of vulcanised rubber mats imports to Denmark, with a combined 47% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +33.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and Germany ($X) appeared to be the largest vulcanised rubber mats suppliers to Denmark, with a combined 47% share of total imports. These countries were followed by the Netherlands, Vietnam, India, Poland, Indonesia and Ireland, which together accounted for a further 35%.

Vietnam, with a CAGR of +34.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, with an increase of 13% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 26% against the previous year. 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 failed to regain momentum.

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 Ireland ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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