Denmark: Natural Polymers Market 2024

Natural Polymers Market Size in Denmark

The Danish natural polymers market was finally on the rise to reach $X in 2021, after four years of decline. In general, consumption, however, recorded a slight downturn. Natural polymers consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Natural Polymers Production in Denmark

In value terms, natural polymers production shrank to $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +52.7% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of 24% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced in the following year.

Natural Polymers Exports

Exports from Denmark

In 2021, natural polymers exports from Denmark surged to X tons, jumping by 18% compared with the previous year. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +39.5% against 2017 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, natural polymers exports expanded remarkably to $X in 2021. Overall, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +29.3% against 2016 indices. The most prominent rate of growth was recorded in 2015 with an increase of 36% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

France (X tons), Thailand (X tons) and Sweden (X tons) were the main destinations of natural polymers exports from Denmark, together accounting for 47% of total exports. These countries were followed by the United States, Malaysia, Russia, Germany, the Netherlands, Norway, Turkey, Mexico, Slovenia and the United Arab Emirates, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +80.5%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for natural and modified natural polymers in primary forms exports from Denmark, comprising 34% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by Slovenia, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+13.3% per year) and Slovenia (+39.5% per year).

Export Prices by Country

In 2021, the average natural polymers export price amounted to $X per ton, reducing by -7.9% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, natural polymers export price decreased by -20.9% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 42% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, 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 Slovenia ($X per ton), while the average price for exports to Thailand ($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 Slovenia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Polymers Imports

Imports into Denmark

In 2021, supplies from abroad of natural and modified natural polymers in primary forms increased by 46% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, natural polymers imports soared to $X in 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.9% 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 +82.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and Germany (X tons) were the main suppliers of natural polymers imports to Denmark, with a combined 61% share of total imports. These countries were followed by the Netherlands, Norway, Switzerland, Austria, Poland and the United States, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +109.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Switzerland ($X) appeared to be the largest natural polymers suppliers to Denmark, together accounting for 44% of total imports.

Switzerland, with a CAGR of +104.3%, saw the highest growth rate of the value of imports, among the main suppliers 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 natural polymers import price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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