Denmark: Non-Corrugated Paper Box Market 2024

Non-Corrugated Paper Box Market Size in Denmark

The Danish non-corrugated paper box market fell significantly to $X in 2022, dropping by -97% against the previous year. Overall, consumption recorded a precipitous shrinkage. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Corrugated Paper Box Production in Denmark

In value terms, non-corrugated paper box production fell notably to $X in 2022 estimated in export price. In general, production, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 108%. As a result, production attained the peak level of $X, and then contracted sharply in the following year.

Non-Corrugated Paper Box Exports

Exports from Denmark

In 2022, shipments abroad of folding cartons, boxes and cases of non-corrugated paper or paperboard increased by 14% to X tons, rising for the third consecutive year after three years of decline. The total export volume increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, non-corrugated paper box exports expanded sharply to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Sweden (X tons) and Norway (X tons) were the main destinations of non-corrugated paper box exports from Denmark, with a combined 45% share of total exports. The Netherlands, South Korea, Austria, Finland, Poland, Faroe Islands, China, Iceland, Hungary and the Czech Republic lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, 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 +40.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-corrugated paper box exported from Denmark were Germany ($X), Sweden ($X) and South Korea ($X), with a combined 47% share of total exports. Poland, Norway, Austria, Finland, China, Iceland, Faroe Islands, Hungary, the Czech Republic and the Netherlands lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Hungary, with a CAGR of +34.8%, recorded the highest rates of growth with regard to 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 2022, the average non-corrugated paper box export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 16% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, 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 Poland ($X per ton), while the average price for exports to the Netherlands ($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 Poland (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Corrugated Paper Box Imports

Imports into Denmark

In 2022, non-corrugated paper box imports into Denmark skyrocketed to X tons, with an increase of 23% against 2021 figures. Over the period under review, imports, however, continue to indicate a perceptible downturn. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, non-corrugated paper box imports surged to $X in 2022. Overall, imports, however, recorded a perceptible contraction. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of non-corrugated paper box imports to Denmark, with a combined 68% share of total imports. Poland, Italy, Lithuania and China lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +41.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-corrugated paper box suppliers to Denmark were the Netherlands ($X), Germany ($X) and Sweden ($X), with a combined 57% share of total imports. Poland, China, Italy and Lithuania lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Lithuania, with a CAGR of +36.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-corrugated paper box import price stood at $X per ton in 2022, reducing by -3.8% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 11%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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