Denmark: Prisms And Mirrors Market 2024

Prisms And Mirrors Market Size in Denmark

In 2022, the Danish prisms and mirrors market increased by 32% to $X, rising for the third year in a row after three years of decline. Overall, consumption, however, continues to indicate a slight reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Prisms And Mirrors Production in Denmark

In value terms, prisms and mirrors production declined significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by 259%. As a result, production attained the peak level of $X, and then reduced rapidly in the following year.

Prisms And Mirrors Exports

Exports from Denmark

Prisms and mirrors exports from Denmark fell modestly to X tons in 2022, dropping by -4.2% compared with 2021. In general, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 539%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, prisms and mirrors exports fell markedly to $X in 2022. Overall, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 249% against the previous year. The exports peaked at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Germany (X tons), Poland (X tons) and Sweden (X tons) were the main destinations of prisms and mirrors exports from Denmark, with a combined 42% share of total exports. Norway, China, the Netherlands, Japan, the United States, Finland, the UK, the United Arab Emirates and France lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +109.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and the United States ($X) constituted the largest markets for prisms and mirrors exported from Denmark worldwide, together accounting for 58% of total exports. China, Japan, the Netherlands, Norway, Sweden, Finland, the UK, France and the United Arab Emirates lagged somewhat behind, together accounting for a further 19%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +141.5%, saw the highest growth rate of 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

The average prisms and mirrors export price stood at $X per ton in 2022, waning by -17% against the previous year. Overall, the export price, however, posted pronounced growth. The growth pace was the most rapid in 2017 when the average export price increased by 248% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then shrank remarkably in the following year.

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 the United States ($X per ton), while the average price for exports to Sweden ($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 the United Arab Emirates (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Prisms And Mirrors Imports

Imports into Denmark

In 2022, purchases abroad of prisms and mirrors increased by 43% to X tons, rising for the fourth consecutive year after two years of decline. In general, imports, however, continue to indicate a pronounced descent. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, prisms and mirrors imports rose notably to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 50% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Japan (X tons), Germany (X tons) and China (X tons) were the main suppliers of prisms and mirrors imports to Denmark, together comprising 87% of total imports. The United States, Sweden and the Netherlands lagged somewhat behind, together accounting for a further 8.4%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of prisms and mirrors to Denmark, comprising 33% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and the United States (+23.8% per year).

Import Prices by Country

The average prisms and mirrors import price stood at $X per ton in 2022, waning by -20.3% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then plummeted in the following year.

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 the United States ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :