Report Update Nov 1, 2024

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

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Denmark: Sodium Nitrate Market 2024

Sodium Nitrate Market Size in Denmark

In 2022, the Danish sodium nitrate market increased by 118% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed noticeable growth. Sodium nitrate consumption peaked in 2022 and is likely to continue growth in years to come.

Sodium Nitrate Production in Denmark

In value terms, sodium nitrate production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed a remarkable increase. Sodium nitrate production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Sodium Nitrate Exports

Exports from Denmark

In 2022, overseas shipments of sodium nitrate decreased by -80.4% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 156% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, sodium nitrate exports contracted sharply to $X in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 165%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for sodium nitrate exports from Denmark, with a 72% share of total exports. Moreover, sodium nitrate exports to Latvia exceeded the volume sent to the second major destination, Estonia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Latvia stood at +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-1.0% per year) and Sweden (-37.5% per year).

In value terms, the largest markets for sodium nitrate exported from Denmark were Latvia ($X), Estonia ($X) and Sweden ($X), together accounting for 99% of total exports.

Latvia, with a CAGR of +23.6%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sodium nitrate export price stood at $X per ton in 2022, with a decrease of -11.2% against the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 17% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Latvia ($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 Estonia (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.

Sodium Nitrate Imports

Imports into Denmark

In 2022, overseas purchases of sodium nitrate decreased by -84.1% to X tons, falling for the third year in a row after two years of growth. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 1,596% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sodium nitrate imports reduced rapidly to $X in 2022. Over the period under review, imports, however, continue to indicate mild growth. The pace of growth appeared the most rapid in 2019 when imports increased by 582% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Sweden (X tons) were the main suppliers of sodium nitrate imports to Denmark.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +44.5%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sodium nitrate suppliers to Denmark were Germany ($X), the Netherlands ($X) and Sweden ($X).

Among the main suppliers, the Netherlands, with a CAGR of +48.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sodium nitrate import price amounted to $X per ton, jumping by 231% against the previous year. Overall, the import price saw pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of sodium nitrate consumption was Chile, comprising approx. 50% of total volume. Moreover, sodium nitrate consumption in Chile exceeded the figures recorded by the second-largest consumer, Ukraine, ninefold. The third position in this ranking was occupied by Russia, with a 3.9% share.

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

The country with the largest volume of sodium nitrate production was Chile, comprising approx. 56% of total volume. Moreover, sodium nitrate production in Chile exceeded the figures recorded by the second-largest producer, China, sixfold. Germany ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of sodium nitrate to Denmark?

In value terms, Lithuania constituted the largest supplier of sodium nitrate to Denmark, comprising 68% of total imports. The second position in the ranking was occupied by Germany, with a 16% share of total imports.

What are the leading importers of sodium nitrate from Denmark?

In value terms, Sweden remains the key foreign market for sodium nitrate exports from Denmark, comprising 72% of total exports. The second position in the ranking was occupied by Latvia, with an 18% share of total exports.

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

The average sodium nitrate export price stood at $243 per ton in 2021, with a decrease of -4.7% against the previous year.

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

In 2021, the average sodium nitrate import price amounted to $497 per ton, picking up by 13% against the previous year.

This report provides an in-depth analysis of the sodium 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:

FCL 4005 -

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