Denmark: Insecticide Market 2025

Insecticide Market Size in Denmark

In 2021, the Danish insecticide market decreased by -36.2% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Insecticide Production in Denmark

In value terms, insecticide production declined to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 67%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Insecticide Exports

Exports from Denmark

In 2021, the amount of insecticides exported from Denmark skyrocketed to X tons, rising by 15% against 2020 figures. Over the period under review, exports, however, recorded a mild descent. The growth pace was the most rapid in 2013 when exports increased by 76%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, insecticide exports rose markedly to $X in 2021. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X tons), Sweden (X tons) and Australia (X tons) were the main destinations of insecticide exports from Denmark, with a combined 28% share of total exports. Turkey, Argentina, Norway, the Czech Republic, Spain, the United States, Ukraine, Romania, France and Hungary lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +59.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Australia ($X) and Hungary ($X) constituted the largest markets for insecticide exported from Denmark worldwide, with a combined 30% share of total exports.

Hungary, with a CAGR of +56.9%, saw the highest rates of growth with regard to the value of exports, among 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

The average insecticide export price stood at $X per ton in 2021, with a decrease of -8.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2020 an increase of 20%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Russia ($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 Norway (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Insecticide Imports

Imports into Denmark

In 2021, imports of insecticides into Denmark reduced rapidly to X tons, with a decrease of -19.2% against the previous year. Over the period under review, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of 37% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, insecticide imports shrank to $X in 2021. Overall, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 57%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), France (X tons) and Germany (X tons) were the main suppliers of insecticide imports to Denmark, with a combined 66% share of total imports. Belgium, Sweden, Italy, Spain and the UK lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +71.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the largest insecticide suppliers to Denmark, together comprising 58% of total imports. These countries were followed by Belgium, Sweden, Spain, Italy and the UK, which together accounted for a further 29%.

In terms of the main suppliers, Spain, with a CAGR of +78.2%, 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

In 2021, the average insecticide import price amounted to $X per ton, surging by 24% against the previous year. Over the period under review, the import price saw a mild expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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