Denmark: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Denmark

In 2021, the Danish metal pickling preparations market increased by 8.5% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a pronounced contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Metal Pickling Preparations Production in Denmark

In value terms, metal pickling preparations production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2016 with an increase of 15%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Metal Pickling Preparations Exports

Exports from Denmark

In 2021, approx. X tons of pickling preparations for metal surfaces were exported from Denmark; which is down by -33.8% on the year before. Overall, total exports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -37.3% against 2018 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 96% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal pickling preparations exports dropped remarkably to $X in 2021. Over the period under review, total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +43.8% against 2017 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $X, and then dropped sharply in the following year.

Exports by Country

Hungary (X tons) was the main destination for metal pickling preparations exports from Denmark, with a 48% share of total exports. Moreover, metal pickling preparations exports to Hungary exceeded the volume sent to the second major destination, Poland (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary stood at +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+21.9% per year) and Germany (-5.6% per year).

In value terms, Poland ($X), Germany ($X) and Spain ($X) appeared to be the largest markets for metal pickling preparations exported from Denmark worldwide, with a combined 67% share of total exports.

Among the main countries of destination, Spain, with a CAGR of +60.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal pickling preparations export price amounted to $X per ton, with an increase of 14% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Hungary ($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 Poland (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Pickling Preparations Imports

Imports into Denmark

In 2021, the amount of pickling preparations for metal surfaces imported into Denmark rose sharply to X tons, growing by 7.8% against 2020. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when imports increased by 31%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, metal pickling preparations imports rose to $X in 2021. Overall, imports, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of metal pickling preparations imports to Denmark, with a combined 84% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +55.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of pickling preparations for metal surfaces to Denmark, comprising 43% of total imports. The second position in the ranking was held by Sweden ($X), with a 15% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+6.8% per year) and Poland (+28.6% per year).

Import Prices by Country

The average metal pickling preparations import price stood at $X per ton in 2021, reducing by -3.2% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal pickling preparations import price increased by +41.5% against 2017 indices. The pace of growth appeared the most rapid in 2020 an increase of 38%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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