Agglomerated wood or fibre panels and tiles market in Denmark

Earlier Report Observations

The Danish market for agglomerated wood or fibre panels and tiles was valued at 46 million dollars in 2018, a year when trade flows shaped the landscape as imports from the EU and Germany influenced availability while Denmark acted as a significant exporter to neighboring countries. Building from this, the market entered a phase of sustained expansion, climbing to 53 million dollars in 2020 and peaking at 67 million dollars in 2021.

Following the 2021 high, the market volume underwent a correction, declining to 58 million dollars in 2022 and further to 51 million dollars in 2023. This downward trend reversed in 2024, with the market recovering to 60 million dollars, indicating a return to growth.

Production agglomerated wood or fibre panels and tiles in Denmark

In value, 2018-2021, K $ US

Denmark's production of agglomerated wood or fiber panels and tiles has grown for the third year in a row. In 2021, output reached 65 709 thousand US dollars, marking a significant 23.3% increase from the previous year. From 2018 to 2021, production rose by 78%, with an average annual growth rate of 21.2%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

Exports agglomerated wood or fibre panels and tiles from Denmark

Exports in kind, t

After two years of growth, Denmark's exports of agglomerated wood or fiber panels and tiles declined in 2021. The country exported 14 980 tonnes, reflecting a modest 4.5% drop compared to 2020. Over the 2018-2021 period, exports increased by 52.8%, with a compound annual growth rate of 15.2%. The highest export volume was recorded in 2020 at 15 687 tonnes, while the largest year-on-year increase occurred in 2019 at 35.2%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, Germany, Sweden, and the Netherlands were the key partners for Denmark's exports of agglomerated wood or fiber panels and tiles in volume terms. Germany accounted for 23.8% of exports, Sweden for 19.1%, and the Netherlands for 9.8%. Together, these three countries represented 52.7% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

The value of agglomerated wood or fiber panels and tiles exported from Denmark has increased for the third consecutive year. In 2021, exports were valued at 18 356 thousand US dollars, up 5.6% from the previous year. Between 2018 and 2021, export value grew by 75.5%, equivalent to an annualized rate of 20.6%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

During 2018-2021, Denmark's exports of agglomerated wood or fiber panels and tiles in value terms were distributed across numerous markets. Germany, Sweden, and the Netherlands were the top partners, with Germany accounting for 22.3% of export value, Sweden for 17.5%, and the Netherlands for 9.6%. Combined, these three countries represented 49.4% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports agglomerated wood or fibre panels and tiles to Denmark

Imports in kind, t

In 2021, Denmark's imports of agglomerated wood or fiber panels and tiles totaled 27 867 tonnes, down 4.2% from the previous year. Over the 2018-2021 period, imports decreased by 9%, with a compound annual growth rate of -3.1%. The lowest import volume was recorded in 2019 at 26 793 tonnes, which also saw the largest year-on-year decline of 12.5%. In contrast, the largest increase occurred in 2020 at 8.6%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, three main markets—Germany, Russia, and Latvia—collectively accounted for 68.2% of Denmark's total imports of agglomerated wood or fiber panels and tiles in volume terms.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

The value of agglomerated wood or fiber panels and tiles imported into Denmark has risen for the second year in a row. In 2021, import value reached 19 864 thousand US dollars, a 10.4% increase from 2020. The lowest value was recorded in 2019 at 16 557 thousand US dollars, which also experienced the largest year-on-year decline of 15.8%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

In 2018-2021, Germany, Latvia, and Russia consistently remained the primary sources for Denmark's imports of agglomerated wood or fiber panels and tiles in value terms. Germany accounted for 30.4% of import value, Latvia for 20.9%, and Russia for 20.0%. Together, these three countries represented 71.4% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021