Denmark: Lamp Plastic Parts Market 2025

Lamp Plastic Parts Market Size in Denmark

The Danish lamp plastic parts market soared to $X in 2021, growing by 54% against the previous year. Over the period under review, consumption showed strong growth. Lamp plastic parts consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Lamp Plastic Parts Production in Denmark

In value terms, lamp plastic parts production contracted remarkably to $X in 2021 estimated in export price. In general, production, however, faced a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 124% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Lamp Plastic Parts Exports

Exports from Denmark

In 2021, after three years of decline, there was significant growth in shipments abroad of plastic parts for lamps and lighting fittings, when their volume increased by 26% to X tons. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 84%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, lamp plastic parts exports soared to $X in 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 70%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Sweden (X tons), Germany (X tons) and the United States (X tons) were the main destinations of lamp plastic parts exports from Denmark, with a combined 53% share of total exports. Norway, Finland, France, the UK, Belgium, Poland, Slovakia, Singapore, the Netherlands and Switzerland lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +131.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for lamp plastic parts exported from Denmark were Sweden ($X), Germany ($X) and the United States ($X), together accounting for 52% of total exports. These countries were followed by Singapore, Finland, Norway, France, the UK, Poland, Belgium, the Netherlands, Switzerland and Slovakia, which together accounted for a further 32%.

In terms of the main countries of destination, Singapore, with a CAGR of +148.5%, saw the highest rates of growth with regard to 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 lamp plastic parts export price amounted to $X per ton, picking up by 23% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Slovakia ($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 Singapore (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Plastic Parts Imports

Imports into Denmark

For the third consecutive year, Denmark recorded growth in overseas purchases of plastic parts for lamps and lighting fittings, which increased by 83% to X tons in 2021. Over the period under review, imports posted a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lamp plastic parts imports surged to $X in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X tons) constituted the largest lamp plastic parts supplier to Denmark, with a 49% share of total imports. Moreover, lamp plastic parts imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at +187.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.8% per year) and the United States (+80.9% per year).

In value terms, the largest lamp plastic parts suppliers to Denmark were Germany ($X), China ($X) and the Netherlands ($X), with a combined 51% share of total imports. These countries were followed by South Korea, the United States, Italy, Sweden, Finland and Slovenia, which together accounted for a further 38%.

Among the main suppliers, South Korea, with a CAGR of +134.3%, saw the highest growth rate of 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 lamp plastic parts import price amounted to $X per ton, which is down by -16.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 58% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :