Denmark: Market for Caustic Soda in the Solid Form 2024

Market Size for Caustic Soda in the Solid Form in Denmark

The Danish market for caustic soda in the solid form contracted notably to $X in 2021, which is down by -51.6% 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 showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Exports of Caustic Soda in the Solid Form

Exports from Denmark

In 2021, the amount of caustic soda in the solid form exported from Denmark dropped remarkably to X tons, declining by -43.6% against the previous year's figure. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 161%. Over the period under review, the exports of caustic soda in solid form reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of caustic soda in the solid form declined rapidly to $X in 2021. Over the period under review, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 149%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Faroe Islands (X tons), Norway (X tons) and Italy (X tons) were the main destinations of exports of caustic soda in the solid form from Denmark, with a combined 79% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +150.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for caustic soda in the solid form exported from Denmark were Italy ($X), the United States ($X) and Sweden ($X), together comprising 57% of total exports.

Italy, with a CAGR of +175.7%, recorded the highest growth rate of the value of exports, among 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 export price for caustic soda in the solid form amounted to $X per ton, jumping by 45% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +10.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for caustic soda in the solid form increased by +134.9% against 2012 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Norway ($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 Greenland (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caustic Soda in the Solid Form

Imports into Denmark

Imports of caustic soda in the solid form into Denmark reduced markedly to X tons in 2021, dropping by -30.1% on the previous year. In general, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2015 when imports increased by 86% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of caustic soda in the solid form reduced markedly to $X in 2021. Over the period under review, imports, however, showed a temperate increase. The pace of growth appeared the most rapid in 2020 with an increase of 219% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of caustic soda in the solid form to Denmark, with a 72% share of total imports. Moreover, imports of caustic soda in the solid form from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. Belgium (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.9% per year) and Belgium (-9.8% per year).

In value terms, France ($X) constituted the largest supplier of caustic soda in the solid form to Denmark, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.8% per year) and the Netherlands (+7.3% per year).

Import Prices by Country

In 2021, the average import price for caustic soda in the solid form amounted to $X per ton, shrinking by -48.1% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 147%. As a result, import price reached the peak level of $X per ton, and then declined notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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