Denmark: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Denmark

In 2022, the Danish market for rigid tubes, pipes and hoses of polymers of vinyl chloride increased by 2.7% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.9% against 2020 indices. Vinyl chloride polymer rigid pipes consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Denmark

In value terms, vinyl chloride polymer rigid pipes production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by 23%. Vinyl chloride polymer rigid pipes production peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Denmark

Vinyl chloride polymer rigid pipes exports from Denmark shrank to X tons in 2022, reducing by -12.7% on the previous year. Over the period under review, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 15% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, vinyl chloride polymer rigid pipes exports shrank to $X in 2022. Overall, exports saw a abrupt descent. The pace of growth was the most pronounced in 2013 with an increase of 31% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Denmark, with a 66% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Norway exceeded the volume sent to the second major destination, Sweden (X tons), fivefold. The third position in this ranking was held by Finland (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Norway stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-8.9% per year) and Finland (+6.5% per year).

In value terms, the largest markets for vinyl chloride polymer rigid pipes exported from Denmark were Norway ($X), Sweden ($X) and Finland ($X), together accounting for 84% of total exports. Poland, Latvia and Lithuania lagged somewhat behind, together accounting for a further 6.4%.

Among the main countries of destination, Latvia, with a CAGR of +12.9%, 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

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, growing by 7.7% against the previous year. Overall, export price indicated noticeable growth 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, vinyl chloride polymer rigid pipes export price increased by +82.8% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 52% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Norway ($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 Sweden (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Denmark

In 2022, approx. X tons of rigid tubes, pipes and hoses of polymers of vinyl chloride were imported into Denmark; declining by -19.8% against the previous year. Overall, imports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 45% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes imports dropped to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.0% 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 +6.6% against 2017 indices. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Poland (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of vinyl chloride polymer rigid pipes imports to Denmark, with a combined 67% share of total imports. Sweden, the UK, the Netherlands and Italy lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +34.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Denmark, comprising 30% of total imports. The second position in the ranking was taken by Sweden ($X), with a 15% share of total imports. It was followed by the UK, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-4.3% per year) and the UK (+31.2% per year).

Import Prices by Country

In 2022, the average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, surging by 9.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 74%. The import price peaked in 2022 and is likely to continue growth in years to come.

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 ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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