Denmark: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Denmark

The Danish marble and travertine blocks market declined modestly to $X in 2022, with a decrease of -4.1% against the previous year. Overall, consumption continues to indicate a perceptible decline. Marble and travertine blocks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Marble And Travertine Blocks And Slabs in Denmark

In value terms, marble and travertine blocks production surged to $X in 2022 estimated in export price. In general, production faced a sharp descent. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports from Denmark

In 2022, approx. X tons of marble and travertine blocks and slabs were exported from Denmark; with an increase of 49% compared with 2021. Overall, exports, however, faced a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 57%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, marble and travertine blocks exports expanded markedly to $X in 2022. Over the period under review, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 145% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

The UK (X tons) was the main destination for marble and travertine blocks exports from Denmark, accounting for a 47% share of total exports. Moreover, marble and travertine blocks exports to the UK exceeded the volume sent to the second major destination, Sweden (X tons), threefold. Norway (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to -1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+63.3% per year) and Norway (-16.9% per year).

In value terms, the largest markets for marble and travertine blocks exported from Denmark were the UK ($X), Sweden ($X) and Norway ($X), together comprising 60% of total exports.

Sweden, with a CAGR of +97.7%, 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 marble and travertine blocks export price amounted to $X per ton, declining by -28% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2014 when the average export price increased by 223%. The export price peaked at $X per ton in 2021, and then fell markedly in the following year.

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 the United States ($X per ton), while the average price for exports to the UK ($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 Norway (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Marble And Travertine Blocks And Slabs

Imports into Denmark

In 2022, after four years of growth, there was significant decline in purchases abroad of marble and travertine blocks and slabs, when their volume decreased by -22.3% to X tons. Over the period under review, imports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2018 when imports increased by 639% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, marble and travertine blocks imports contracted to $X in 2022. In general, imports, however, saw a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 1,407%. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of marble and travertine blocks to Denmark, with a 79% share of total imports. Moreover, marble and travertine blocks imports from India exceeded the figures recorded by the second-largest supplier, Portugal (X tons), tenfold. The third position in this ranking was held by China (X tons), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +135.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-15.0% per year) and China (+40.9% per year).

In value terms, India ($X) constituted the largest supplier of marble and travertine blocks and slabs to Denmark, comprising 58% of total imports. The second position in the ranking was held by Portugal ($X), with a 22% share of total imports. It was followed by China, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +109.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+6.5% per year) and China (+41.5% per year).

Import Prices by Country

In 2022, the average marble and travertine blocks import price amounted to $X per ton, rising by 12% against the previous year. In general, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 an increase of 179% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 Portugal ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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