Denmark: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Denmark

The Danish barium or aluminium sulphates market surged to $X in 2022, picking up by 99% against the previous year. Overall, consumption, however, continues to indicate a perceptible descent. Barium or aluminium sulphates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Sulphates Of Barium Or Aluminium in Denmark

In value terms, barium or aluminium sulphates production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. Barium or aluminium sulphates production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Denmark

In 2022, shipments abroad of sulphates of barium or aluminium increased by 6.3% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2018 when exports increased by 312% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, barium or aluminium sulphates exports surged to $X in 2022. Overall, exports enjoyed strong growth. The pace of growth was the most pronounced in 2019 with an increase of 200%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Norway (X tons), Sweden (X tons) and Finland (X tons) were the main destinations of barium or aluminium sulphates exports from Denmark, together comprising 94% of total exports. These countries were followed by Germany, which accounted for a further 5.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +526.2%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for sulphates of barium or aluminium exports from Denmark, comprising 57% of total exports. The second position in the ranking was taken by Norway ($X), with a 27% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled +106.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-5.2% per year) and Germany (+544.6% per year).

Export Prices by Country

In 2022, the average barium or aluminium sulphates export price amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 535% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Finland ($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 Sweden (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports into Denmark

In 2022, the amount of sulphates of barium or aluminium imported into Denmark skyrocketed to X tons, growing by 132% on the previous year. Over the period under review, imports, however, saw a abrupt shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, barium or aluminium sulphates imports soared to $X in 2022. Overall, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of 85%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of barium or aluminium sulphates to Denmark, with a 78% share of total imports. Moreover, barium or aluminium sulphates imports from Finland exceeded the figures recorded by the second-largest supplier, Sweden (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland totaled +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-19.7% per year) and Germany (-21.8% per year).

In value terms, Finland ($X) constituted the largest supplier of sulphates of barium or aluminium to Denmark, comprising 63% of total imports. The second position in the ranking was taken by Sweden ($X), with a 17% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland amounted to +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-11.2% per year) and Germany (-10.9% per year).

Import Prices by Country

In 2022, the average barium or aluminium sulphates import price amounted to $X per ton, dropping by -23.9% against the previous year. Overall, the import price, however, continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2013 an increase of 36% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 India ($X per ton), while the price for Finland ($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 (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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