Denmark: Assembled Parquet Panels Market 2024

Assembled Parquet Panels Market Size in Denmark

The Danish assembled parquet panels market surged to $X in 2021, with an increase of 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a prominent increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Assembled Parquet Panels Exports

Exports from Denmark

In 2021, overseas shipments of assembled parquet panels decreased by -4.5% to X tons, falling for the third consecutive year after three years of growth. Overall, exports showed a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of 29% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, assembled parquet panels exports reduced to $X in 2021. Over the period under review, exports recorded a perceptible reduction. The growth pace was the most rapid in 2013 with an increase of 14%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X tons), the United States (X tons) and Iceland (X tons) were the main destinations of assembled parquet panels exports from Denmark, together comprising 39% of total exports.

From 2012 to 2021, the biggest increases were recorded for Iceland (with a CAGR of +80.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Sweden ($X) appeared to be the largest markets for assembled parquet panels exported from Denmark worldwide, together accounting for 42% of total exports. Norway, Germany, France, Spain, Iceland, Italy, New Zealand, Taiwan (Chinese), Hong Kong SAR and Serbia lagged somewhat behind, together comprising a further 38%.

Iceland, with a CAGR of +59.0%, saw the highest growth rate of 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

The average assembled parquet panels export price stood at $X per ton in 2021, falling by -3.9% against the previous year. In general, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 6.6%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Iceland ($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 Sweden (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Assembled Parquet Panels Imports

Imports into Denmark

Assembled parquet panels imports into Denmark fell slightly to X tons in 2021, flattening at the year before. In general, imports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2017 when imports increased by 115%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, assembled parquet panels imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate tangible growth. The pace of growth was the most pronounced in 2017 when imports increased by 124%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Sweden (X tons) were the main suppliers of assembled parquet panels imports to Denmark, with a combined 57% share of total imports. China, Belgium, Lithuania, Malaysia, Croatia and Hungary lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +31.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest assembled parquet panels suppliers to Denmark were Germany ($X), Poland ($X) and Sweden ($X), with a combined 56% share of total imports. Lithuania, China, Belgium, Malaysia, Croatia and Hungary lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, Belgium, with a CAGR of +35.3%, 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

In 2021, the average assembled parquet panels import price amounted to $X per ton, increasing by 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Hungary ($X per ton) and Lithuania ($X per ton), while the price for Sweden ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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