Denmark: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Denmark

After two years of decline, the Danish phosphorus, arsenic and selenium market increased by 3,946% to $X in 2021. In general, consumption enjoyed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Phosphorus, Arsenic And Selenium in Denmark

In value terms, phosphorus, arsenic and selenium production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 11%. Phosphorus, arsenic and selenium production peaked at $X in 2020, and then shrank slightly in the following year.

Exports of Phosphorus, Arsenic And Selenium

Exports from Denmark

Phosphorus, arsenic and selenium exports from Denmark contracted markedly to X tons in 2021, which is down by -47.9% against 2020. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 183%. The exports peaked at X tons in 2020, and then contracted remarkably in the following year.

In value terms, phosphorus, arsenic and selenium exports contracted rapidly to $X in 2021. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 244% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then contracted markedly in the following year.

Exports by Country

Sweden (X tons), Latvia (X tons) and Norway (X tons) were the main destinations of phosphorus, arsenic and selenium exports from Denmark, together comprising 97% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +54.0%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) emerged as the key foreign market for phosphorus, arsenic and selenium exports from Denmark, comprising 59% of total exports. The second position in the ranking was held by Norway ($X), with a 19% share of total exports. It was followed by Latvia, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled +52.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+52.8% per year) and Latvia (+2.5% per year).

Export Prices by Country

The average phosphorus, arsenic and selenium export price stood at $X per ton in 2021, rising by 15% against the previous year. In general, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, phosphorus, arsenic and selenium export price increased by +18.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 77%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Latvia ($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 (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Phosphorus, Arsenic And Selenium

Imports into Denmark

Phosphorus, arsenic and selenium imports into Denmark skyrocketed to X tons in 2021, increasing by 2,360% compared with the previous year. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 10,181%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, phosphorus, arsenic and selenium imports surged to $X in 2021. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of phosphorus, arsenic and selenium to Denmark, with a 2.6% share of total imports. Moreover, phosphorus, arsenic and selenium imports from Poland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 0.3% share.

From 2012 to 2021, the average annual growth rate of volume from Poland totaled +29.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+79.0% per year) and Germany (+93.8% per year).

In value terms, the Netherlands ($X), France ($X) and Poland ($X) were the largest phosphorus, arsenic and selenium suppliers to Denmark, with a combined 5.8% share of total imports. These countries were followed by Germany, which accounted for a further 0.6%.

Germany, with a CAGR of +104.1%, recorded 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

The average phosphorus, arsenic and selenium import price stood at $X per ton in 2021, with a decrease of -45.3% against the previous year. Over the period under review, the import price saw a significant decrease. The pace of growth was the most pronounced in 2017 an increase of 82% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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