Denmark: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Denmark

The Danish market for pure polyvinyl chloride in primary forms shrank sharply to $X in 2022, reducing by -16.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from Denmark

In 2022, overseas shipments of pure polyvinyl chloride in primary forms decreased by -52% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 7,196%. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms contracted remarkably to $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 4,020% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then fell notably in the following year.

Exports by Country

Finland (X tons) was the main destination for exports of pure polyvinyl chloride in primary forms from Denmark, with a 85% share of total exports. Moreover, exports of pure polyvinyl chloride in primary forms to Finland exceeded the volume sent to the second major destination, Hungary (X tons), tenfold. The third position in this ranking was held by Sweden (X tons), with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland amounted to +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+88.3% per year) and Sweden (+31.4% per year).

In value terms, Finland ($X) emerged as the key foreign market for pure polyvinyl chloride in primary forms exports from Denmark, comprising 83% of total exports. The second position in the ranking was taken by Hungary ($X), with an 8.2% share of total exports. It was followed by Sweden, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value to Finland amounted to +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+79.9% per year) and Sweden (+17.6% per year).

Export Prices by Country

In 2022, the average export price for pure polyvinyl chloride in primary forms amounted to $X per ton, falling by -50.3% against the previous year. In general, the export price saw a noticeable reduction. The growth pace was the most rapid in 2021 an increase of 52%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 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 Iceland ($X per ton), while the average price for exports to Sweden ($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 Iceland (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into Denmark

In 2022, after two years of growth, there was significant decline in supplies from abroad of pure polyvinyl chloride in primary forms, when their volume decreased by -30.3% to X tons. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 144%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms declined notably to $X in 2022. Over the period under review, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 87%. Over the period under review, imports of reached the peak figure at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest pure polyvinyl chloride in primary forms supplier to Denmark, accounting for a 58% share of total imports. Moreover, imports of pure polyvinyl chloride in primary forms from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. Hungary (X tons) ranked third in terms of total imports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-3.4% per year) and Hungary (-4.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of pure polyvinyl chloride in primary forms to Denmark, comprising 51% of total imports. The second position in the ranking was taken by Sweden ($X), with a 23% share of total imports. It was followed by Hungary, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+0.4% per year) and Hungary (+0.6% per year).

Import Prices by Country

In 2022, the average import price for pure polyvinyl chloride in primary forms amounted to $X per ton, with an increase of 6.8% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pure polyvinyl chloride in primary forms increased by +71.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 48%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :