Denmark: O-Acetylsalicylic Acid Market 2025

O-Acetylsalicylic Acid Market Size in Denmark

After four years of decline, the Danish o-acetylsalicylic acid market increased by 451% to $X in 2021. Overall, consumption, however, showed a mild descent. O-acetylsalicylic acid consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

O-Acetylsalicylic Acid Production in Denmark

In value terms, o-acetylsalicylic acid production amounted to $X in 2021 estimated in export price. Over the period under review, production faced a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 8.5%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

O-Acetylsalicylic Acid Exports

Exports from Denmark

In 2021, overseas shipments of o-acetylsalicylic acid, its salts and esters decreased by -72.2% to X kg, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2017 when exports increased by 43%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, o-acetylsalicylic acid exports plummeted to $X in 2021. Overall, exports continue to indicate a dramatic downturn. The smallest decline of -0.3% was in 2016. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Faroe Islands (X kg) was the main destination for o-acetylsalicylic acid exports from Denmark, with a 92% share of total exports. Moreover, o-acetylsalicylic acid exports to Faroe Islands exceeded the volume sent to the second major destination, Japan (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Faroe Islands amounted to -10.3%.

In value terms, Faroe Islands ($X) emerged as the key foreign market for o-acetylsalicylic acid, its salts and esters exports from Denmark, comprising 87% of total exports. The second position in the ranking was held by Japan ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Faroe Islands totaled -18.5%.

Export Prices by Country

The average o-acetylsalicylic acid export price stood at $X per ton in 2021, with an increase of 98% against the previous year. Overall, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Faroe Islands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

O-Acetylsalicylic Acid Imports

Imports into Denmark

In 2021, imports of o-acetylsalicylic acid, its salts and esters into Denmark soared to X tons, jumping by 47% compared with the year before. In general, imports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by 133%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, o-acetylsalicylic acid imports surged to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 138%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons) was the main supplier of o-acetylsalicylic acid to Denmark, with a 98% share of total imports. It was followed by Germany (X kg), with a 1.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland totaled +9.5%.

In value terms, Poland ($X) constituted the largest supplier of o-acetylsalicylic acid, its salts and esters to Denmark, comprising 98% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at +16.0%.

Import Prices by Country

In 2021, the average o-acetylsalicylic acid import price amounted to $X per ton, picking up by 17% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ton), while the price for Poland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :