Denmark: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Denmark

The Danish market for granules, chippings and powder of monumental stone shrank notably to $X in 2021, with a decrease of -85.9% against the previous year. Overall, consumption recorded a abrupt downturn. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Production of Granules, Chippings And Powder Of Monumental Stone in Denmark

In value terms, monumental stone granules and powder production skyrocketed to $X in 2021 estimated in export price. Overall, production showed a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 7,718% against the previous year. Monumental stone granules and powder production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Denmark

In 2021, approx. X tons of granules, chippings and powder of monumental stone were exported from Denmark; waning by -5.1% on the previous year's figure. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 852%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports reached $X in 2021. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of 287% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for monumental stone granules and powder exports from Denmark, accounting for a 82% share of total exports. Moreover, monumental stone granules and powder exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +72.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+44.8% per year) and Greenland (+42.4% per year).

In value terms, Germany ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Denmark, comprising 83% of total exports. The second position in the ranking was held by Greenland ($X), with a 6.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +63.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greenland (+50.9% per year) and Sweden (+28.5% per year).

Export Prices by Country

The average export price for granules, chippings and powder of monumental stone stood at $X per ton in 2021, growing by 7.2% against the previous year. In general, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2017 an increase of 52%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Sweden ($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 Malaysia (+206.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Denmark

In 2021, approx. X tons of granules, chippings and powder of monumental stone were imported into Denmark; with a decrease of -33.8% compared with the previous year's figure. In general, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 54%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, monumental stone granules and powder imports reduced to $X in 2021. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by 55% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Norway (X tons), Germany (X tons) and France (X tons) were the main suppliers of monumental stone granules and powder imports to Denmark, together accounting for 99% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +93.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Norway ($X), Germany ($X) and France ($X) constituted the largest monumental stone granules and powder suppliers to Denmark, together comprising 94% of total imports.

France, with a CAGR of +102.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, rising by 36% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, monumental stone granules and powder import price increased by +53.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 69%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+50.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :