Ether-phenols, ether-alcohol-phenols and derivatives market in Denmark

Earlier Report Observations

From 2018 to 2024, the Danish market for ether-phenols, ether-alcohol-phenols and derivatives exhibited considerable volatility. Consumption, measured in market size, started at 1 261 thousand USD in 2018, peaked at 1 808 thousand USD in 2023, and fell to 1 352 thousand USD in 2024. The most significant swings included a 17.5% surge in 2020 followed by a 27.9% drop in 2021, and a 23.1% rise in 2023 before a 25.2% contraction in 2024.

Domestic production declined steadily throughout the period, falling from 654 thousand USD in 2018 to 290 thousand USD in 2024. Imports, the primary supply source, fluctuated between 1 530 and 2 000 thousand USD, while exports roughly halved from 961 thousand USD in 2018 to 645 thousand USD in 2024. These shifts in trade flows contributed to the market's overall instability.

In 2024, the Danish market's sharp decline contrasted with reported growth in broader European consumption, which increased by approximately 3% after several years of decline. The European growth was attributed to rising demand from resin, plastic, rubber, and textile manufacturing.

Production ether-phenols, ether-alcohol-phenols and derivatives in Denmark

In value, 2018-2021, K $ US

Denmark's production of ether-phenols, ether-alcohol-phenols and their derivatives has now declined for three consecutive years. In 2021, output was valued at 363.5 thousand US dollars, marking a sharp 41.5% drop from the previous year. Looking at the period from 2018 to 2021, production fell by 44.4%, which translates to an annualized decline rate of 17.8%.

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

In kind, 2018-2021, kg

Denmark's production of ether-phenols, ether-alcohol-phenols and their derivatives has now fallen for three years in a row. In 2021, the country produced 24 646 kilograms, representing a significant 33.4% year-on-year decrease. Between 2018 and 2021, production dropped by 43.5%, equating to an annualized decline of 17.3%.

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

Exports ether-phenols, ether-alcohol-phenols and derivatives from Denmark

Exports in kind, t

Denmark's exports of ether-phenols, ether-alcohol-phenols and their derivatives have declined for two consecutive years. In 2021, export volume totaled 26.5 tonnes, showing an abrupt 33.2% decrease compared to 2020. From 2018 to 2021, exports fell by 39.8%, with an annualized decline rate of 15.6%. The peak was recorded in 2019 at 52.5 tonnes, which also saw the largest increase of 19.3%.

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

Between 2018 and 2021, China, the Philippines, and Turkey remained the primary buyers of Denmark's ether-phenols, ether-alcohol-phenols and derivatives in volume terms. China accounted for 43.9% of exports, the Philippines for 10.8%, and Turkey for 8.3%. Together, these three countries formed 63.0% of total export volume.

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

Denmark's cross-border shipments of ether-phenols, ether-alcohol-phenols and their derivatives have now decreased for two years running. In 2021, export value amounted to 801 thousand US dollars, constituting a significant 18.2% drop from 2020. Over the 2018-2021 period, exports declined by 16.6%, with an annualized rate of 5.9%. The highest value was recorded in 2019 at 1 277 thousand US dollars, which also saw the largest increase of 32.9%. In contrast, 2020 experienced the steepest decline of 23.3%.

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

From 2018 to 2021, Denmark's exports of ether-phenols, ether-alcohol-phenols and derivatives in value terms were widely dispersed across partner countries. China accounted for 24.7% of export value, the United Kingdom for 11.1%, and Germany for 9.3%. Together, these three countries represented only 45.0% 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 ether-phenols, ether-alcohol-phenols and derivatives to Denmark

Imports in kind, t

After increasing for two years, Denmark's imports of ether-phenols, ether-alcohol-phenols and their derivatives declined in 2021. Import volume totaled 130.5 tonnes, equivalent to a 27.4% decrease from the previous year. Over the 2018-2021 period, imports fell by 12.7%, with an annualized decline rate of 4.4%. The peak was recorded in 2020 at 130.5 tonnes, which also saw the largest increase of 17.8%.

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

Between 2018 and 2021, India, Belgium, and Italy were the main sources of Denmark's imports of ether-phenols, ether-alcohol-phenols and derivatives in volume terms. India accounted for 44.7% of imports, Belgium for 22.2%, and Italy for 16.4%. Together, these three countries absorbed 83.2% of total import volume.

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

Denmark's imports of ether-phenols, ether-alcohol-phenols and their derivatives have declined for two consecutive years. In 2021, import value totaled 1 530 thousand US dollars, reflecting a substantial 18.3% decrease from the prior year. From 2018 to 2021, imports decreased by 2.4%, with an annualized decline rate of 0.8%. The highest value was recorded in 2019 at 1 920 thousand US dollars, which also saw the largest increase of 22.5%.

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

In the 2018-2021 period, Denmark's import structure in value terms was heavily concentrated on Belgium and India. Together, these two countries accounted for 85.8% of total import flows, with other partners forming a residual share.

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

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