Denmark: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Denmark

In 2022, the Danish market for non-cellular plates, sheets, film, foil and strip of plastics increased by 1.7% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Denmark

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics contracted modestly to $X in 2022 estimated in export price. In general, production showed a slight decline. The pace of growth was the most pronounced in 2017 when the production volume increased by 11% against the previous year. Over the period under review, production of attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Denmark

Exports of non-cellular plates, sheets, film, foil and strip of plastics from Denmark shrank slightly to X tons in 2022, flattening at the year before. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 9.2%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics contracted to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 16% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Sweden (X tons) and Germany (X tons) were the main destinations of exports of non-cellular plates, sheets, film, foil and strip of plastics from Denmark, together accounting for 47% of total exports. The United States, Norway, Hungary, Poland, the UK, Faroe Islands, Belgium and France lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +15.4%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Sweden ($X) and the United States ($X) were the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Denmark worldwide, together accounting for 43% of total exports. Hungary, Germany, Poland, Norway, the UK, France, Belgium and Faroe Islands lagged somewhat behind, together comprising a further 47%.

Among the main countries of destination, Poland, with a CAGR of +15.8%, saw the highest growth rate of the value of exports, 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 export price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, falling by -6.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 8.7% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Faroe Islands ($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 the United States (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Denmark

In 2022, imports of non-cellular plates, sheets, film, foil and strip of plastics into Denmark expanded rapidly to X tons, picking up by 7.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics reached $X in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Estonia (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Denmark, with a combined 43% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +22.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Denmark were Germany ($X), Italy ($X) and Sweden ($X), together comprising 40% of total imports. Finland, Estonia, Spain, the Netherlands, Poland, Belgium, the UK, Lithuania, Austria and India lagged somewhat behind, together comprising a further 49%.

Lithuania, with a CAGR of +25.3%, saw the highest rates of growth with regard to 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 2022, the average import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, which is down by -6.6% against the previous year. In general, the import price saw a noticeable slump. The growth pace was the most rapid in 2018 when the average import price increased by 11%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform