Coniferous shaped wood market in Denmark

Earlier Report Observations

The market for coniferous shaped wood in Denmark saw significant fluctuations from 2018 to 2021. In physical terms, market volume rose from 13 161 t in 2018 to a peak of 18 678 t in 2019, driven by consumer focus on durability and sustainability. During this period, preferences shifted toward thermo-treated wood and hardwoods like bamboo, which were promoted for their stability and longevity in the Danish climate. After a drop to 11 189 t in 2020, the market recovered to 13 613 t in 2021, supported by growing interest in circular economy principles and recycled building materials.

In 2022, updated technical requirements and standards for floorings, including material specifications and bonding classes under DS/EN 1991-1-1 DK NA:2024, came into effect. This regulatory change, along with increased industry attention to elastic floorings such as LVT, altered product development and likely contributed to the decline in physical market volume to 10 845 t. Thereafter, without major new drivers, the market continued to contract, reaching 7 359 t in 2024. In value terms, the market experienced a sharp drop to $10.1 million in 2022 before partially recovering to $18.4 million in 2024.

Production coniferous shaped wood in Denmark

In value, 2018-2021, K $ US

Denmark's production of coniferous shaped wood has declined for the third year in a row. In 2021, the output was valued at 23 181 thousand US dollars, marking a significant year-over-year decrease of 33.5%. Over the period from 2018 to 2021, production fell by 40.5%, with an average annual decline of 15.9%.

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

In kind, 2018-2021, t

Denmark's production volume of coniferous shaped wood has dropped for the third consecutive year. In 2021, the country produced 2 984 tonnes, which is 41.1% lower than in 2020. Between 2018 and 2021, production decreased by 48.3%, translating to an annualized rate of decline of 19.7%.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports coniferous shaped wood from Denmark

Exports in kind, t

In 2021, Denmark exported 6 502 tonnes of coniferous shaped wood, representing a 25.3% increase compared to the previous year. From 2018 to 2021, exports grew by 33.3%, with an annualized growth rate of 10.1%. The largest decline occurred in 2020, when exports fell by 8.7%.

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

Between 2018 and 2021, Norway, the United Kingdom, and Germany were consistently the main destinations for Denmark's coniferous shaped wood exports in volume terms. Norway accounted for 30.4% of exports, while the United Kingdom and Germany each represented 18.3%. Together, these three countries made up 67.0% 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

In 2021, Denmark's exports of coniferous shaped wood in value terms reached 23 589 thousand US dollars, showing a solid increase of 20.7% compared to the previous year. From 2018 to 2021, exports rose by 34.6%, with an annualized growth rate of 10.4%. The largest decline was recorded in 2020 at 9.6%, while the largest increase occurred in 2019 with a 23.3% rise.

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

From 2018 to 2021, Norway, the United Kingdom, and the United States were the primary buyers of coniferous shaped wood from Denmark in value terms. Norway accounted for 27.4% of exports, the United Kingdom for 16.5%, and the United States for 14.8%. Combined, these three markets represented 58.7% of total export value.

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

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

Imports coniferous shaped wood to Denmark

Imports in kind, t

In 2021, Denmark's imports of coniferous shaped wood in volume terms reached 17 131 tonnes, reflecting a steep increase of 51.5% compared to the previous year. Over the period from 2018 to 2021, imports grew by 39.7%, with an average annual growth rate of 11.8%. The lowest volume was recorded in 2020 at 11 310 tonnes, while the highest was in 2019 at 18 789 tonnes. The largest decline occurred in 2020 with a 39.8% drop, and the largest increase was in 2019 with a 53.2% rise.

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

Between 2018 and 2021, Sweden, Finland, and Estonia dominated Denmark's imports of coniferous shaped wood in volume terms. Sweden accounted for 44.6% of imports, Finland for 22.6%, and Estonia for 7.1%. Together, these three countries represented 74.3% of total import flows.

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 market showed an unstable trend over the period. Imports reached their lowest point in 2020 and peaked in 2021, with a two-fold difference between these years. In 2021, Denmark's imports of coniferous shaped wood in value terms totalled 30 368 thousand US dollars, reflecting a sharp gain of 99.6% compared to 2020. The minimum value was recorded in 2020 at 15 217 thousand US dollars, and the largest decline occurred that same year with a 12.0% drop.

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

From 2018 to 2021, Sweden, Finland, and Germany were the main sources for Denmark's imports of coniferous shaped wood in value terms. Sweden accounted for 24.4% of imports, Finland for 22.6%, and Germany for 15.8%. Together, these three countries made up 62.8% 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