Denmark: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Denmark

In 2021, the Danish multiple-walled insulating glass unit market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. The market value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Multiple-Walled Insulating Units Of Glass in Denmark

In value terms, multiple-walled insulating glass unit production soared to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible setback. The growth pace was the most rapid in 2017 with an increase of 18% against the previous year. Multiple-walled insulating glass unit production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from Denmark

Multiple-walled insulating glass unit exports from Denmark reduced slightly to X square meters in 2021, falling by -4% against the year before. Overall, exports, however, posted a noticeable increase. The growth pace was the most rapid in 2020 with an increase of 60%. As a result, the exports attained the peak of X square meters, and then reduced in the following year.

In value terms, multiple-walled insulating glass unit exports fell notably to $X in 2021. In general, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 70%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X square meters) was the main destination for multiple-walled insulating glass unit exports from Denmark, with a 65% share of total exports. Moreover, multiple-walled insulating glass unit exports to Germany exceeded the volume sent to the second major destination, Hungary (X square meters), sixfold. The third position in this ranking was held by Slovakia (X square meters), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-1.6% per year) and Slovakia (+28.8% per year).

In value terms, Germany ($X) emerged as the key foreign market for multiple-walled insulating units of glass exports from Denmark, comprising 41% of total exports. The second position in the ranking was taken by Hungary ($X), with a 14% share of total exports. It was followed by Slovakia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-2.7% per year) and Slovakia (+25.8% per year).

Export Prices by Country

In 2021, the average multiple-walled insulating glass unit export price amounted to $X per square meter, reducing by -13.9% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 6.3% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to the Netherlands ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into Denmark

Multiple-walled insulating glass unit imports into Denmark rose notably to X square meters in 2021, growing by 6.9% on the year before. In general, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +23.9% against 2019 indices. The growth pace was the most rapid in 2016 when imports increased by 19% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, multiple-walled insulating glass unit imports soared to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X square meters) constituted the largest multiple-walled insulating glass unit supplier to Denmark, with a 88% share of total imports. Moreover, multiple-walled insulating glass unit imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X square meters), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland stood at +15.3%.

In value terms, Poland ($X) constituted the largest supplier of multiple-walled insulating units of glass to Denmark, comprising 84% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Poland totaled +15.2%.

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2021, rising by 14% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per square meter in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Poland stood at $X per square meter.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :