Denmark: Polyvinyl Chloride Market 2024

Polyvinyl Chloride Market Size in Denmark

In 2022, the Danish polyvinyl chloride market decreased by -14.2% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Polyvinyl Chloride Exports

Exports from Denmark

After two years of growth, shipments abroad of polyvinyl chloride decreased by -16.5% to X tons in 2022. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,057% against the previous year. The exports peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, polyvinyl chloride exports contracted to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 434%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Finland (X tons) was the main destination for polyvinyl chloride exports from Denmark, accounting for a 66% share of total exports. Moreover, polyvinyl chloride exports to Finland exceeded the volume sent to the second major destination, Poland (X tons), fivefold. Sweden (X tons) ranked third in terms of total exports with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to Finland amounted to +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+62.9% per year) and Sweden (+1.4% per year).

In value terms, Finland ($X) emerged as the key foreign market for polyvinyl chloride exports from Denmark, comprising 62% of total exports. The second position in the ranking was held by Sweden ($X), with an 11% share of total exports. It was followed by Poland, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Finland totaled +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+0.0% per year) and Poland (+47.3% per year).

Export Prices by Country

The average polyvinyl chloride export price stood at $X per ton in 2022, increasing by 10% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 46%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Germany ($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 (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Polyvinyl Chloride Imports

Imports into Denmark

In 2022, supplies from abroad of polyvinyl chloride decreased by -21.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 74% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polyvinyl chloride imports declined to $X in 2022. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of polyvinyl chloride imports to Denmark, together accounting for 85% of total imports. Hungary, Norway, Belgium, the UK and Italy lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +166.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and the Netherlands ($X) were the largest polyvinyl chloride suppliers to Denmark, together accounting for 84% of total imports. Hungary, Norway, the UK, Italy and Belgium lagged somewhat behind, together accounting for a further 13%.

In terms of the main suppliers, Hungary, with a CAGR of +168.9%, 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 polyvinyl chloride import price amounted to $X per ton, growing by 11% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price 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, polyvinyl chloride import price increased by +53.9% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 49% against the previous year. Over the period under review, average import prices hit record highs 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 Italy ($X per ton), while the price for Belgium ($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 (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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