Denmark: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Denmark

The Danish glass in the mass market dropped sharply to $X in 2022, with a decrease of -22.3% against the previous year. In general, consumption recorded a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Glass in The Mass in Denmark

In value terms, glass in the mass production reached $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 6.3% against the previous year. Over the period under review, glass in mass production reached the maximum level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Glass in The Mass

Exports from Denmark

In 2022, the amount of glass in the mass exported from Denmark skyrocketed to X tons, picking up by 17% compared with the year before. In general, exports saw significant growth. The growth pace was the most rapid in 2013 with an increase of 735%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, glass in the mass exports rose rapidly to $X in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 660%. Over the period under review, the glass in mass exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X tons) was the main destination for glass in the mass exports from Denmark, accounting for a 79% share of total exports. Moreover, glass in the mass exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), eightfold. The third position in this ranking was held by Italy (X tons), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +29.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+16.8% per year) and Italy (+82.1% per year).

In value terms, Germany ($X) remains the key foreign market for glass in the mass exports from Denmark, comprising 51% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total exports. It was followed by Italy, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+31.1% per year) and Italy (+83.8% per year).

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, falling by -6% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass in the mass export price increased by +68.1% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 47% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Estonia ($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 the Netherlands (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into Denmark

In 2022, approx. X tons of glass in the mass were imported into Denmark; surging by 13% against the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 26%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glass in the mass imports amounted to $X in 2022. In general, imports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2018 with an increase of 21% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of glass in the mass to Denmark, with a 57% share of total imports. Moreover, glass in the mass imports from Sweden exceeded the figures recorded by the second-largest supplier, Estonia (X tons), threefold. Norway (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden stood at +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+3.1% per year) and Norway (-3.5% per year).

In value terms, Sweden ($X) constituted the largest supplier of glass in the mass to Denmark, comprising 47% of total imports. The second position in the ranking was taken by Norway ($X), with a 20% share of total imports. It was followed by Estonia, with a 17% share.

From 2012 to 2022, the average annual growth rate of value from Sweden amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-3.6% per year) and Estonia (+6.8% per year).

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, declining by -4.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2018 an increase of 4.4%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+3.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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