Denmark: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Denmark

The Danish plastic household articles market was estimated at $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Plastic Household Articles Production in Denmark

In value terms, plastic household articles production expanded significantly to $X in 2022 estimated in export price. In general, production recorded strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 77%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Household Articles Exports

Exports from Denmark

In 2022, after seven years of growth, there was significant decline in overseas shipments of household articles and toilet articles of plastics, when their volume decreased by -9% to X tons. In general, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by 29%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, plastic household articles exports fell to $X in 2022. Over the period under review, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 31%. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

Norway (X tons), Sweden (X tons) and France (X tons) were the main destinations of plastic household articles exports from Denmark, together accounting for 56% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +21.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household articles exported from Denmark were Sweden ($X), Norway ($X) and France ($X), with a combined 59% share of total exports.

France, with a CAGR of +17.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 plastic household articles export price amounted to $X per ton, with a decrease of -6.4% against the previous year. Over the period under review, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Iceland ($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 Spain (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Denmark

In 2022, after five years of growth, there was significant decline in purchases abroad of household articles and toilet articles of plastics, when their volume decreased by -15% to X tons. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, plastic household articles imports totaled $X in 2022. The total import value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of plastic household articles to Denmark, accounting for a 41% share of total imports. Moreover, plastic household articles imports from Poland exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.1% per year) and the UK (+32.5% per year).

In value terms, Poland ($X), China ($X) and Sweden ($X) were the largest plastic household articles suppliers to Denmark, together accounting for 58% of total imports. The UK, Germany, the Netherlands, Greece and Italy lagged somewhat behind, together accounting for a further 31%.

The UK, with a CAGR of +25.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic household articles import price stood at $X per ton in 2022, increasing by 19% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood 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 Germany ($X per ton), while the price for Poland ($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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :