Denmark: Polystyrene Market 2025

Polystyrene Market Size in Denmark

The Danish polystyrene market contracted to $X in 2022, with a decrease of -13.7% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Polystyrene Production in Denmark

In value terms, polystyrene production shrank significantly to $X in 2022 estimated in export price. In general, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 252%. As a result, production reached the peak level of $X, and then contracted markedly in the following year.

Polystyrene Exports

Exports from Denmark

In 2022, the amount of polystyrene exported from Denmark stood at X tons, with an increase of 5.4% compared with the previous year's figure. Over the period under review, exports posted a measured expansion. The pace of growth appeared the most rapid in 2017 with an increase of 51% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, polystyrene exports reduced modestly to $X in 2022. In general, exports saw a modest increase. The growth pace was the most rapid in 2021 with an increase of 84%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Sweden (X tons), Poland (X tons) and Germany (X tons) were the main destinations of polystyrene exports from Denmark, together accounting for 79% of total exports. Greenland, Spain, Norway and Faroe Islands lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +23.5%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for polystyrene exports from Denmark, comprising 46% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Norway, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+3.1% per year) and Norway (+24.4% per year).

Export Prices by Country

The average polystyrene export price stood at $X per ton in 2022, falling by -7.8% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Poland ($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 Norway (+0.8%), while the prices for the other major destinations experienced a decline.

Polystyrene Imports

Imports into Denmark

In 2022, imports of polystyrene into Denmark declined sharply to X tons, waning by -17.9% compared with the previous year's figure. Overall, imports recorded a mild setback. The growth pace was the most rapid in 2017 with an increase of 9.2%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, polystyrene imports dropped to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest polystyrene supplier to Denmark, accounting for a 7.1% share of total imports. Moreover, polystyrene imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-25.6% per year) and Italy (-6.3% per year).

In value terms, Belgium ($X) constituted the largest supplier of polystyrene to Denmark, comprising 6.5% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.1% share of total imports. It was followed by Italy, with a 1.6% share.

From 2012 to 2022, the average annual growth rate of value from Belgium amounted to +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-24.0% per year) and Italy (-5.0% per year).

Import Prices by Country

In 2022, the average polystyrene import price amounted to $X per ton, surging by 9% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polystyrene import price increased by +87.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 72% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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