Denmark: Propellant Powders Market 2025

Propellant Powders Market Size in Denmark

The Danish propellant powders market dropped notably to $X in 2021, with a decrease of -16.5% against the previous year. Over the period under review, consumption saw a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Propellant Powders Production in Denmark

In value terms, propellant powders production shrank remarkably to $X in 2021 estimated in export price. Overall, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Propellant Powders Exports

Exports from Denmark

In 2021, approx. X tons of propellant powders were exported from Denmark; growing by 5.2% against 2020. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 1,276%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, propellant powders exports shrank sharply to $X in 2021. Overall, exports saw strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by 1,771%. Over the period under review, the exports attained the maximum at $X in 2020, and then fell dramatically in the following year.

Exports by Country

The UK (X tons) was the main destination for propellant powders exports from Denmark, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +86.0%.

In value terms, the UK ($X) emerged as the key foreign market for propellant powders exports from Denmark.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +73.2%.

Export Prices by Country

In 2021, the average propellant powders export price amounted to $X per ton, falling by -41.6% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 158%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to -3.6% per year.

Propellant Powders Imports

Imports into Denmark

In 2021, purchases abroad of propellant powders decreased by -88.2% to X tons, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2018 with an increase of 329%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, propellant powders imports contracted rapidly to $X in 2021. Over the period under review, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2018 when imports increased by 276%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Switzerland (X tons) constituted the largest propellant powders supplier to Denmark, with a 66% share of total imports. Moreover, propellant powders imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume from Switzerland totaled -33.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.1% per year) and Sweden (-20.8% per year).

In value terms, Switzerland ($X) constituted the largest supplier of propellant powders to Denmark, comprising 64% of total imports. The second position in the ranking was taken by Sweden ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland stood at -29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-14.6% per year) and Germany (+0.7% per year).

Import Prices by Country

In 2021, the average propellant powders import price amounted to $X per ton, with an increase of 70% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, propellant powders import price increased by +80.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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