Denmark: Polycarbonate Market 2024

Polycarbonate Market Size in Denmark

After two years of growth, the Danish polycarbonate market decreased by -25.6% to $X in 2022. In general, consumption saw a deep setback. Polycarbonate consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Polycarbonate Production in Denmark

In value terms, polycarbonate production contracted notably to $X in 2022 estimated in export price. Overall, production, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,169% against the previous year. As a result, production attained the peak level of $X, and then declined significantly in the following year.

Polycarbonate Exports

Exports from Denmark

In 2022, overseas shipments of polycarbonates (in primary forms) decreased by -6.9% to X tons, falling for the third year in a row after three years of growth. In general, exports showed a perceptible setback. The pace of growth was the most pronounced in 2019 with an increase of 110%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, polycarbonate exports expanded to $X in 2022. Over the period under review, exports saw a slight decline. The pace of growth was the most pronounced in 2019 with an increase of 119%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons), China (X tons) and Sweden (X tons) were the main destinations of polycarbonate exports from Denmark, with a combined 51% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +262.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polycarbonate exported from Denmark were Bulgaria ($X), Germany ($X) and China ($X), together comprising 53% of total exports.

Bulgaria, with a CAGR of +266.0%, recorded the highest growth rate of the value of exports, among 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 polycarbonate export price stood at $X per ton in 2022, picking up by 11% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polycarbonate export price increased by +76.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Malaysia ($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 Hungary (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Polycarbonate Imports

Imports into Denmark

Polycarbonate imports into Denmark fell notably to X tons in 2022, dropping by -33.7% on the previous year's figure. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of 8.4%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, polycarbonate imports fell remarkably to $X in 2022. In general, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 15%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Sweden (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of polycarbonate imports to Denmark, with a combined 77% share of total imports. Poland, Italy, France and Belgium lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +45.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polycarbonate suppliers to Denmark were Sweden ($X), the Netherlands ($X) and Germany ($X), with a combined 80% share of total imports. Poland, France, Italy and Belgium lagged somewhat behind, together accounting for a further 15%.

In terms of the main suppliers, Poland, with a CAGR of +42.2%, 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 2022, the average polycarbonate import price amounted to $X per ton, jumping by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and France ($X per ton), while the price for Italy ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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