Denmark: Wooden Window Market 2022

Wooden Window Market Size in Denmark

The Danish wooden window market soared to $X in 2021, increasing by 84% against the previous year. Over the period under review, consumption, however, showed a pronounced downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Wooden Window Production in Denmark

In value terms, wooden window production reduced slightly to $X in 2021 estimated in export price. In general, production, however, saw a pronounced slump. The growth pace was the most rapid in 2014 when the production volume increased by 14%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Wooden Window Exports

Exports from Denmark

In 2021, shipments abroad of windows, french windows and their frames of wood decreased by -17.6% to X tons, falling for the third consecutive year after three years of growth. In general, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 when exports increased by 48%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden window exports expanded markedly to $X in 2021. Overall, exports saw a perceptible slump. The pace of growth was the most pronounced in 2013 when exports increased by 54%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for wooden window exports from Denmark, accounting for a 39% share of total exports. Moreover, wooden window exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a 9.2% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-4.9% per year) and Poland (+17.8% per year).

In value terms, Germany ($X) remains the key foreign market for wooden window exports from Denmark, comprising 38% of total exports. The second position in the ranking was held by the UK ($X), with a 19% share of total exports. It was followed by Norway, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-0.2% per year) and Norway (+1.3% per year).

Export Prices by Country

The average wooden window export price stood at $X per ton in 2021, rising by 33% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Ireland ($X per ton), while the average price for exports to Poland ($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 UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Window Imports

Imports into Denmark

In 2021, approx. X tons of windows, french windows and their frames of wood were imported into Denmark; dropping by -12.6% compared with 2020. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 24% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, wooden window imports dropped to $X in 2021. Overall, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 25%. Over the period under review, imports reached the peak figure at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest wooden window supplier to Denmark, with a 69% share of total imports. Moreover, wooden window imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), tenfold. Belarus (X tons) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-20.9% per year) and Belarus (+65.9% per year).

In value terms, Germany ($X) constituted the largest supplier of wooden window to Denmark, comprising 76% of total imports. The second position in the ranking was held by Estonia ($X), with a 6.6% share of total imports. It was followed by Belarus, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (-1.5% per year) and Belarus (+62.5% per year).

Import Prices by Country

In 2021, the average wooden window import price amounted to $X per ton, rising by 2% against the previous year. In general, import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wooden window import price increased by +74.9% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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