Report Update Nov 1, 2024

Denmark - Silver Nitrate - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Silver Nitrate Market 2024

Silver Nitrate Market Size in Denmark

The Danish silver nitrate market fell notably to $X in 2021, reducing by -74% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X, and then contracted rapidly in the following year.

Silver Nitrate Exports

Exports from Denmark

In 2021, exports of silver nitrate from Denmark surged to X kg, jumping by 383% compared with 2020 figures. In general, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silver nitrate exports surged to $X in 2021. Overall, exports saw a strong expansion. The pace of growth was the most pronounced in 2014 when exports increased by 313%. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Greenland (X kg) was the main destination for silver nitrate exports from Denmark, with a 85% share of total exports. Moreover, silver nitrate exports to Greenland exceeded the volume sent to the second major destination, Norway (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Greenland amounted to +48.2%.

In value terms, Greenland ($X) emerged as the key foreign market for silver nitrate exports from Denmark, comprising 88% of total exports. The second position in the ranking was held by Norway ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Greenland totaled +43.0%.

Export Prices by Country

In 2021, the average silver nitrate export price amounted to $X per ton, declining by -25.8% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 175%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Greenland ($X per ton), while the average price for exports to Norway totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (-3.9%).

Silver Nitrate Imports

Imports into Denmark

In 2021, imports of silver nitrate into Denmark fell dramatically to X tons, which is down by -53.4% compared with 2020 figures. Overall, imports recorded a perceptible downturn. The pace of growth was the most pronounced in 2020 with an increase of 123% against the previous year. As a result, imports attained the peak of X tons, and then contracted rapidly in the following year.

In value terms, silver nitrate imports dropped significantly to $X in 2021. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 2,542% against the previous year. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2021, Belgium (X kg) constituted the largest supplier of silver nitrate to Denmark, with a 73% share of total imports. Moreover, silver nitrate imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X kg), fivefold. Sweden (X kg) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.0% per year) and Sweden (+27.0% per year).

In value terms, Germany ($X), Belgium ($X) and the UK ($X) appeared to be the largest silver nitrate suppliers to Denmark, with a combined 94% share of total imports. Sweden and France lagged somewhat behind, together accounting for a further 3.9%.

Among the main suppliers, Sweden, with a CAGR of +25.4%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average silver nitrate import price amounted to $X per ton, reducing by -85.9% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,083%. As a result, import price reached the peak level of $X per ton, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silver nitrate in the world?

The countries with the highest volumes of silver nitrate consumption in 2021 were the Netherlands, Germany and South Africa, with a combined 41% share of global consumption. These countries were followed by France, the Czech Republic, Poland, Italy, Spain, Canada, Turkey, Brazil, India and Saudi Arabia, which together accounted for a further 46%.

What are the largest producers of silver nitrate in the world?

The countries with the highest volumes of silver nitrate production in 2021 were the UK, Germany and Belgium, together comprising 64% of global production. South Africa, the United States, France, Italy and Brazil lagged somewhat behind, together comprising a further 27%.

What are the leading suppliers of silver nitrate to Denmark?

In value terms, Germany constituted the largest supplier of silver nitrate to Denmark, comprising 87% of total imports. The second position in the ranking was occupied by Belgium, with an 8.4% share of total imports. It was followed by Sweden, with a 0.9% share.

What are the leading importers of silver nitrate from Denmark?

In value terms, Greenland emerged as the key foreign market for silver nitrate exports from Denmark, comprising 88% of total exports. The second position in the ranking was occupied by Norway, with a 12% share of total exports.

What is the average export price for silver nitrate in Denmark?

In 2021, the average silver nitrate export price amounted to $68,618 per ton, with a decrease of -25% against the previous year.

What is the average import price for silver nitrate in Denmark?

In 2021, the average silver nitrate import price amounted to $44,940 per ton, shrinking by -65.9% against the previous year.

This report provides an in-depth analysis of the silver nitrate market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20135183 - Silver nitrate

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023