Denmark: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Denmark

In 2021, the Danish market for tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 113% to $X, rising for the sixth year in a row after two years of decline. In general, consumption continues to indicate resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Denmark

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021 estimated in export price. Over the period under review, production recorded a resilient expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports from Denmark

After two years of growth, shipments abroad of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -17.5% to X tons in 2021. Over the period under review, total exports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +61.4% against 2016 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%. As a result, the exports attained the peak of X tons, and then dropped sharply in the following year.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone contracted to $X in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 45% against the previous year. As a result, the exports attained the peak of $X, and then contracted slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Denmark, accounting for a 54% share of total exports. Moreover, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Germany exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was taken by Norway (X tons), with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+0.8% per year) and Norway (-15.6% per year).

In value terms, the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from Denmark were Germany ($X), Sweden ($X) and Norway ($X), with a combined 73% share of total exports. These countries were followed by Faroe Islands, Finland, Australia, Poland and Iceland, which together accounted for a further 16%.

In terms of the main countries of destination, Australia, with a CAGR of +94.4%, saw the highest rates of growth with regard to the value of exports, 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 tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, rising by 19% against the previous year. Overall, the export price, however, saw a noticeable slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Faroe Islands ($X per ton), while the average price for exports to Germany ($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 Norway (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports into Denmark

In 2021, overseas purchases of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 11% to X tons, rising for the third year in a row after five years of decline. In general, total imports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.3% 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 +46.0% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 26% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone surged to $X in 2021. Over the period under review, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +94.3% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Sweden (X tons) and Italy (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Denmark, together accounting for 90% of total imports. Poland lagged somewhat behind, accounting for a further 5.1%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +17.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of tiles, flagstones and similar articles of cement, concrete or artificial stone to Denmark, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 22% share of total imports. It was followed by Sweden, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.4% per year) and Sweden (-3.2% per year).

Import Prices by Country

The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2021, increasing by 48% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Sweden ($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 (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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