Denmark: Market for Soap In Different Forms 2024

Market Size for Soap In Different Forms in Denmark

In 2021, the Danish soap in different forms market decreased by -57.6% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a pronounced downturn. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Production of Soap In Different Forms in Denmark

In value terms, soap in different forms production reduced markedly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 57% against the previous year. As a result, production reached the peak level of $X, and then reduced dramatically in the following year.

Exports of Soap In Different Forms

Exports from Denmark

In 2021, the amount of soap in different forms exported from Denmark reduced to X tons, waning by -14.7% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, soap in different forms exports declined to $X in 2021. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons), Norway (X tons) and Sweden (X tons) were the main destinations of soap in different forms exports from Denmark, with a combined 81% share of total exports. These countries were followed by Germany, Faroe Islands and the Netherlands, which together accounted for a further 9.8%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +9.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for soap in different forms exported from Denmark were Sweden ($X), Norway ($X) and Finland ($X), together comprising 65% of total exports. These countries were followed by Germany, the Netherlands and Faroe Islands, which together accounted for a further 17%.

Germany, with a CAGR of +10.3%, 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 2021, the average soap in different forms export price amounted to $X per ton, increasing by 13% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 15%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Soap In Different Forms

Imports into Denmark

In 2021, after two years of growth, there was significant decline in purchases abroad of soap in different forms, when their volume decreased by -13.2% to X tons. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +41.4% against 2018 indices. The growth pace was the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, soap in different forms imports reduced to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

France (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of soap in different forms imports to Denmark, together comprising 71% of total imports. These countries were followed by Poland, Sweden, Belgium, the Netherlands and the UK, which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +28.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Sweden ($X) constituted the largest soap in different forms suppliers to Denmark, with a combined 60% share of total imports. Germany, the Netherlands, Belgium, Poland and the UK lagged somewhat behind, together comprising a further 31%.

Among the main suppliers, Poland, with a CAGR of +24.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average soap in different forms import price amounted to $X per ton, leveling off at the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 8.3%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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