Denmark: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in Denmark

In 2022, the Danish cellulose pulp machinery market increased by 7.2% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption saw a prominent increase. Cellulose pulp machinery consumption peaked in 2022 and is expected to retain growth in the immediate term.

Cellulose Pulp Machinery Production in Denmark

In value terms, cellulose pulp machinery production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Cellulose Pulp Machinery Exports

Exports from Denmark

In 2022, approx. X units of machinery for making pulp of fibrous cellulosic material were exported from Denmark; almost unchanged from 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 600% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, cellulose pulp machinery exports declined to $X in 2022. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 140% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for cellulose pulp machinery exports from Denmark, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia was relatively modest.

In value terms, Russia ($X) emerged as the key foreign market for machinery for making pulp of fibrous cellulosic material exports from Denmark, comprising 84% of total exports. The second position in the ranking was held by Norway ($X), with a 13% share of total exports. It was followed by the United States, with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-18.9% per year) and the United States (-54.7% per year).

Export Prices by Country

The average cellulose pulp machinery export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a dramatic downturn. The pace of growth appeared the most rapid in 2015 an increase of 487%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+970.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cellulose Pulp Machinery Imports

Imports into Denmark

For the third year in a row, Denmark recorded growth in supplies from abroad of machinery for making pulp of fibrous cellulosic material, which increased by 450% to X units in 2022. Overall, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cellulose pulp machinery imports surged to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 7,818% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

Norway (X units), the United States (X units) and Finland (X units) were the main suppliers of cellulose pulp machinery imports to Denmark.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of machinery for making pulp of fibrous cellulosic material to Denmark, comprising 85% of total imports. The second position in the ranking was taken by Finland ($X), with a 4.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +73.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-37.2% per year) and Norway (+34.9% per year).

Import Prices by Country

In 2022, the average cellulose pulp machinery import price amounted to $X per unit, declining by -54.7% against the previous year. Overall, the import price, however, enjoyed a moderate increase. The growth pace was the most rapid in 2017 an increase of 92% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained 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 the United States ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+126.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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