Report Update Nov 1, 2024

Denmark - Methacrylic Acid and Its Salts - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Methacrylic Acid Market 2024

Methacrylic Acid Market Size in Denmark

The Danish methacrylic acid market contracted sharply to $X in 2022, waning by -65.3% against the previous year. Over the period under review, consumption showed a noticeable shrinkage. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Methacrylic Acid Production in Denmark

In value terms, methacrylic acid production stood at $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. Methacrylic acid production peaked in 2022 and is likely to see gradual growth in the near future.

Methacrylic Acid Exports

Exports from Denmark

Methacrylic acid exports from Denmark shrank remarkably to X kg in 2022, which is down by -45.7% against the previous year. In general, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of 902% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, methacrylic acid exports reduced remarkably to $X in 2022. Over the period under review, exports saw a abrupt decline. The growth pace was the most rapid in 2019 when exports increased by 1,087% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X kg) was the main destination for methacrylic acid exports from Denmark, with a 80% share of total exports. Moreover, methacrylic acid exports to Saudi Arabia exceeded the volume sent to the second major destination, Azerbaijan (X kg), more than tenfold. The UK (X kg) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+98.6% per year) and the UK (+32.8% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for methacrylic acid and its salts exports from Denmark, comprising 80% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a 6.6% share of total exports. It was followed by Estonia, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia stood at -6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+77.5% per year) and Estonia (+4.2% per year).

Export Prices by Country

The average methacrylic acid export price stood at $X per ton in 2022, reducing by -2.5% against the previous year. Over the period under review, the export price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 242%. The export price peaked at $X per ton in 2013; however, from 2014 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 Estonia ($X per ton), while the average price for exports to the UK ($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 Slovenia (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Methacrylic Acid Imports

Imports into Denmark

In 2022, methacrylic acid imports into Denmark shrank rapidly to X tons, falling by -54.6% on the previous year's figure. Overall, imports recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 262% against the previous year. As a result, imports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, methacrylic acid imports dropped rapidly to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1,045% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Germany (X tons) and the Netherlands (X tons) were the main suppliers of methacrylic acid imports to Denmark.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +68.7%).

In value terms, the largest methacrylic acid suppliers to Denmark were Germany ($X) and the Netherlands ($X).

The Netherlands, with a CAGR of +84.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average methacrylic acid import price stood at $X per ton in 2022, reducing by -43.7% against the previous year. Overall, the import price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2021 an increase of 216%. As a result, import price reached the peak level of $X per ton, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for methacrylic acid and its salts in the world?

Germany constituted the country with the largest volume of methacrylic acid consumption, comprising approx. 39% of total volume. Moreover, methacrylic acid consumption in Germany exceeded the figures recorded by the second-largest consumer, France, threefold. The third position in this ranking was occupied by Malaysia, with a 7.3% share.

What are the largest producers of methacrylic acid and its salts in the world?

Germany constituted the country with the largest volume of methacrylic acid production, accounting for 56% of total volume. Moreover, methacrylic acid production in Germany exceeded the figures recorded by the second-largest producer, South Korea, fourfold. The third position in this ranking was occupied by Thailand, with a 9.1% share.

What are the leading suppliers of methacrylic acid and its salts to Denmark?

In value terms, the Netherlands constituted the largest supplier of methacrylic acid to Denmark, comprising 98% of total imports. The second position in the ranking was occupied by Germany, with a 2.1% share of total imports.

What are the leading importers of methacrylic acid and its salts from Denmark?

In value terms, Saudi Arabia remains the key foreign market for methacrylic acid exports from Denmark, comprising 95% of total exports. The second position in the ranking was occupied by Norway $416), with a 1.3% share of total exports.

What is the average export price for methacrylic acid and its salts in Denmark?

In 2021, the average methacrylic acid export price amounted to $27,925 per ton, waning by -35.1% against the previous year.

What is the average import price for methacrylic acid and its salts in Denmark?

The average methacrylic acid import price stood at $2,916 per ton in 2021, growing by 2.8% against the previous year.

This report provides an in-depth analysis of the methacrylic acid market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143330 - Methacrylic acid and its salts

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023