Denmark: Market for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds 2024

Market Size for Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Denmark

In 2022, the Danish market for organo-sulphur compounds and other organo-inorganic compounds increased by 3.5% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds in Denmark

In value terms, production of organo-sulphur compounds and other organo-inorganic compounds shrank to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 62%. Over the period under review, production of attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Exports from Denmark

In 2022, overseas shipments of organo-sulphur compounds and other organo-inorganic compounds increased by 29% to X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2014 when exports increased by 41% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of organo-sulphur compounds and other organo-inorganic compounds skyrocketed to $X in 2022. In general, exports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2018 with an increase of 61% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Poland (X tons) and Norway (X tons) were the main destinations of exports of organo-sulphur compounds and other organo-inorganic compounds from Denmark, together comprising 64% of total exports. Ukraine, Finland, France, Latvia, Italy, Germany and Spain lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +100.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Poland ($X) were the largest markets for organo-sulphur compounds and other organo-inorganic compounds exported from Denmark worldwide, with a combined 54% share of total exports. Finland, Ukraine, Latvia, France, Germany, Italy and Spain lagged somewhat behind, together comprising a further 19%.

France, with a CAGR of +89.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, with an increase of 6.4% against the previous year. Over the period under review, the export price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2021 when the average export price increased by 22%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($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 Ukraine (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organo-Sulphur Compounds And Other Organo-Inorganic Compounds

Imports into Denmark

In 2022, after six years of growth, there was significant decline in supplies from abroad of organo-sulphur compounds and other organo-inorganic compounds, when their volume decreased by -7.9% to X tons. Overall, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, imports of organo-sulphur compounds and other organo-inorganic compounds reached $X in 2022. In general, imports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 53% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest organo-sulphur compounds and other organo-inorganic compounds supplier to Denmark, with a 64% share of total imports. Moreover, imports of organo-sulphur compounds and other organo-inorganic compounds from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was held by the Netherlands (X tons), with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+20.3% per year) and the Netherlands (+23.6% per year).

In value terms, Germany ($X), Italy ($X) and France ($X) appeared to be the largest organo-sulphur compounds and other organo-inorganic compounds suppliers to Denmark, with a combined 76% share of total imports. The Netherlands, China, the United States, Belgium, Malaysia and the UK lagged somewhat behind, together comprising a further 17%.

The United States, with a CAGR of +60.4%, saw the highest growth rate of the value of imports, in terms of 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 organo-sulphur compounds and other organo-inorganic compounds amounted to $X per ton, increasing by 13% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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