Denmark: Market for Gypsum, Anhydrite And Limestone 2024

Market Size for Gypsum, Anhydrite And Limestone in Denmark

The Danish gypsum, anhydrite and limestone market contracted dramatically to $X in 2021, shrinking by -19.2% against the previous year. In general, consumption, however, showed a abrupt slump. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Gypsum, Anhydrite And Limestone in Denmark

In value terms, gypsum, anhydrite and limestone production reduced dramatically to $X in 2021 estimated in export price. Overall, production, however, faced a deep contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 12%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Gypsum, Anhydrite And Limestone

Exports from Denmark

In 2021, overseas shipments of gypsum, anhydrite and limestone increased by 0.8% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 87%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, gypsum, anhydrite and limestone exports expanded sharply to $X in 2021. Overall, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 55%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Russia (X tons) was the main destination for gypsum, anhydrite and limestone exports from Denmark, with a 39% share of total exports. Moreover, gypsum, anhydrite and limestone exports to Russia exceeded the volume sent to the second major destination, Sweden (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at +49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-3.3% per year) and Poland (+117.8% per year).

In value terms, Germany ($X), Russia ($X) and Finland ($X) were the largest markets for gypsum, anhydrite and limestone exported from Denmark worldwide, together accounting for 58% of total exports. Sweden, Poland, Norway, Latvia and Sri Lanka lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Sri Lanka, with a CAGR of +322.0%, saw the highest growth rate of 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 2021, the average gypsum, anhydrite and limestone export price amounted to $X per ton, growing by 8.7% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 17% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat 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 Germany ($X per ton), while the average price for exports to Latvia ($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 Finland (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Gypsum, Anhydrite And Limestone

Imports into Denmark

In 2021, the amount of gypsum, anhydrite and limestone imported into Denmark skyrocketed to X tons, surging by 28% compared with the year before. Over the period under review, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gypsum, anhydrite and limestone imports skyrocketed to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +60.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of gypsum, anhydrite and limestone to Denmark, with a 47% share of total imports. Moreover, gypsum, anhydrite and limestone imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. France (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+101.5% per year) and France (-3.9% per year).

In value terms, Italy ($X), Morocco ($X) and Spain ($X) constituted the largest gypsum, anhydrite and limestone suppliers to Denmark, with a combined 63% share of total imports. The UK, Turkey, Germany, France and Sweden lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Turkey, with a CAGR of +212.0%, saw 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 gypsum, anhydrite and limestone import price stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Sweden ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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