Denmark: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in Denmark

In 2022, after four years of growth, there was significant decline in the Danish cellulose fibrecement sheet market, when its value decreased by -12.8% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. Cellulose fibrecement sheet consumption peaked at $X in 2021, and then reduced in the following year.

Cellulose Fibrecement Sheet Exports

Exports from Denmark

In 2022, overseas shipments of sheets, panels and tiles of cellulose fibrecement decreased by -27% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2014 when exports increased by 25% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cellulose fibrecement sheet exports contracted sharply to $X in 2022. Overall, exports faced a deep slump. The growth pace was the most rapid in 2014 when exports increased by 40%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), Norway (X tons) and Hungary (X tons) were the main destinations of cellulose fibrecement sheet exports from Denmark, with a combined 78% share of total exports. The UK, Finland, Iceland, Italy, Poland, the Czech Republic and Germany lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of +75.0%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Norway ($X) and Hungary ($X) constituted the largest markets for cellulose fibrecement sheet exported from Denmark worldwide, with a combined 77% share of total exports. Iceland, Italy, the UK, Finland, Poland, the Czech Republic and Germany lagged somewhat behind, together comprising a further 18%.

Iceland, with a CAGR of +56.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 cellulose fibrecement sheet export price amounted to $X per ton, which is down by -8.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2021 an increase of 16% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 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 ($X per ton), while the average price for exports to the Czech Republic ($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 Norway (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Cellulose Fibrecement Sheet Imports

Imports into Denmark

In 2022, overseas purchases of sheets, panels and tiles of cellulose fibrecement decreased by -3.2% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 14% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank slightly in the following year.

In value terms, cellulose fibrecement sheet imports dropped sharply to $X in 2022. In general, imports recorded a mild shrinkage. The growth pace was the most rapid in 2019 when imports increased by 12% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) constituted the largest cellulose fibrecement sheet supplier to Denmark, with a 44% share of total imports. Moreover, cellulose fibrecement sheet imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by Finland (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+2.5% per year) and Finland (+17.3% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of sheets, panels and tiles of cellulose fibrecement to Denmark, comprising 39% of total imports. The second position in the ranking was held by Hungary ($X), with a 14% share of total imports. It was followed by Finland, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+26.2% per year) and Finland (+9.5% per year).

Import Prices by Country

In 2022, the average cellulose fibrecement sheet import price amounted to $X per ton, declining by -12.9% against the previous year. Overall, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2021 an increase of 9%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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