Denmark: Market for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike 2024

Market Size for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Denmark

The Danish gum or wood oils market contracted to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a abrupt downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Denmark

In value terms, gum or wood oils production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to continue growth in the immediate term.

Exports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike

Exports from Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of gum, wood or sulphate turpentine oils, pine oil and other alike, which increased by X% to X tons in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, gum or wood oils exports skyrocketed to $X in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for gum or wood oils exports from Denmark, accounting for a X% share of total exports. It was followed by Norway (X kg), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%.

In value terms, Sweden ($X) remains the key foreign market for gum, wood or sulphate turpentine oils, pine oil and other alike exports from Denmark, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled X%.

Export Prices by Country

In 2022, the average gum or wood oils export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted a slight expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%).

Imports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike

Imports into Denmark

Gum or wood oils imports into Denmark surged to X tons in 2022, increasing by X% compared with 2021. Overall, imports showed strong growth. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, gum or wood oils imports rose rapidly to $X in 2022. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of gum or wood oils to Denmark, accounting for a X% share of total imports. Moreover, gum or wood oils imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. Sweden (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Sweden (X% per year).

In value terms, Germany ($X) constituted the largest supplier of gum, wood or sulphate turpentine oils, pine oil and other alike to Denmark, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by Spain, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Spain (X% per year).

Import Prices by Country

The average gum or wood oils import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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