Denmark: Office Supply Market 2024

Office Supply Market Size in Denmark

For the fifth year in a row, the Danish office supply market recorded decline in sales value, which decreased by -9.1% to $X in 2022. Over the period under review, consumption recorded a deep reduction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Office Supply Production in Denmark

In value terms, office supply production rose modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 19%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Office Supply Exports

Exports from Denmark

In 2022, overseas shipments of office or school supplies of plastics decreased by -16.3% to X tons, falling for the second year in a row after three years of growth. In general, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, office supply exports fell remarkably to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons), the United States (X tons) and Iceland (X tons) were the main destinations of office supply exports from Denmark, together comprising 48% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of +20.2%), while the other leaders experienced a decline.

In value terms, the largest markets for office supply exported from Denmark were the United States ($X), Germany ($X) and France ($X), with a combined 39% share of total exports. Sweden, Iceland, Norway, Greenland and the UK lagged somewhat behind, together accounting for a further 39%.

In terms of the main countries of destination, Iceland, with a CAGR of +22.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average office supply export price amounted to $X per ton, almost unchanged from the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, office supply export price increased by +40.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 40%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Sweden ($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 Russia (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Office Supply Imports

Imports into Denmark

In 2022, supplies from abroad of office or school supplies of plastics decreased by -14.8% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 6.9% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, office supply imports fell to $X in 2022. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Poland (X tons), Germany (X tons) and China (X tons) were the main suppliers of office supply imports to Denmark, with a combined 71% share of total imports. Sweden, France, the Netherlands, Belgium, Turkey and the Czech Republic lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +17.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest office supply suppliers to Denmark were Germany ($X), Sweden ($X) and China ($X), together comprising 72% of total imports. Poland, France, the Netherlands, Belgium, Turkey and the Czech Republic lagged somewhat behind, together accounting for a further 20%.

Among the main suppliers, Belgium, with a CAGR of +16.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average office supply import price stood at $X per ton in 2022, growing by 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2018 an increase of 45% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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