Conveyor belts market in Denmark

Earlier Report Observations

From 2018 to 2020, the market for vulcanised rubber conveyor belts in Denmark contracted, with size falling from 15.9 million USD to 11.8 million USD. During this phase, the market was characterized by technological dynamism, as automated warehouses and smart factories increased demand for precision belting with embedded tracking. A strong local production base, exemplified by Dansk Gummi Industri A/S, supported the sector. By 2020, heightened environmental and safety requirements began integrating into production processes, focusing on chemical handling, waste reduction, and recycling.

A sharp recovery occurred in 2021, pushing market size to 18.0 million USD. This surge was underpinned by the broad industrial application of vulcanised rubber for conveyor belts, drive belts, and technical rubber goods, which diversified demand across multiple sectors. Concurrently, advances in rubber-to-metal vulcanisation techniques facilitated specialised solutions for industries such as pumps and other demanding environments. The market then stabilized near 18.2 million USD in 2022.

Market volume declined to 12.8 million USD by 2024, amid a growing industry emphasis on smart, automated solutions that require precision vulcanised rubber products compatible with sensors and control systems. Looking forward, 2025 brings legislative adjustments in transport and environmental domains, including extended producer responsibility for packaging and stricter standards for food-contact materials. These changes, alongside continuous technological innovation and sustainability demands, are set to shape the market's trajectory.

Production conveyor belts in Denmark

In value, 2018-2021, K $ US

After a two-year decline, conveyor belt production in Denmark rebounded. In 2021, output reached 21,211 thousand US dollars, marking an 18.2% increase from the previous year. Between 2018 and 2021, production grew by 4.7%, averaging 1.6% annually. The lowest value was recorded in 2020 at 17,945 thousand US dollars, which also saw the largest decline of 8.4%.

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

In kind, 2018-2021, t

The market showed significant volatility during this period. The lowest production volume occurred in 2018, while the highest was in 2021, with a peak-to-trough ratio of 2.1 times. In 2021, Denmark produced 906.7 tonnes of conveyor belts, a moderate 7.7% increase from the previous year. The largest decline was 0.7% in 2020, while the largest increase was 96.6% in 2019.

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

Exports conveyor belts from Denmark

Exports in kind, t

Denmark exported 941 tonnes of conveyor belts in 2021, a 21.3% increase compared to 2020. Over the 2018-2021 period, exports decreased by 3.9%, with a compound annual growth rate of -1.3%. The lowest value was recorded in 2020 at 776 tonnes, and the largest decline of 20.8% occurred in 2019.

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

From 2018 to 2021, Denmark's conveyor belt exports in kind were relatively evenly distributed. Germany accounted for 26.9% of exports, Sweden for 9.5%, and Norway for 9.4%, together representing 45.8% of total 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

Foreign conveyor belt supplies from Denmark increased for the second consecutive year. In 2021, exports totaled 15,626 thousand US dollars, a solid 22.1% advance from 2020. Between 2018 and 2021, exports grew by 15.6%, averaging 5.0% annually. The lowest value was recorded in 2019 at 11,436 thousand US dollars, which also saw the largest decline of 15.4%.

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

From 2018 to 2021, Denmark traded conveyor belts with many countries. The largest destinations—Germany, the United Kingdom, and Norway—together accounted for only 42.9% of total exports in value terms.

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

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

Imports conveyor belts to Denmark

Imports in kind, t

Market performance showed noticeable fluctuations during this period. The lowest import volume was in 2019, while the highest was in 2021, with a peak-to-trough amplitude of 2.2 times. In 2021, Denmark imported 1,824 tonnes of conveyor belts, an 84.2% increase from 2020. The largest decline of 14.9% occurred in 2019.

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

From 2018 to 2021, Germany was the principal destination for imports in kind, accounting for 41.8%, followed by the Netherlands at 25.6% and India at 9.5%. Together, these three countries represented 77.0% of total 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 exhibited an unstable trend throughout the timeframe. The lowest import value was recorded in 2019, while the highest was in 2021, differing by a factor of 2. In 2021, Denmark's conveyor belt imports totaled 12,462 thousand US dollars, up 87.8% from the previous year. The largest decline of 32.9% occurred in 2019.

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

Over the 2018-2021 period, Germany was the primary supplier of conveyor belts to Denmark, accounting for 38.9% of imports in value terms, followed by the Netherlands at 19.5% and Sweden at 8.1%. Together, these three countries represented 66.5% of total imports in value terms.

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

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