Not reinforced or laminated non-cellular PET sheets market in Denmark

Earlier Report Observations

The market volume for not reinforced or laminated non-cellular PET sheets in Denmark increased from 16 285 tonnes in 2018 to 21 784 tonnes in 2022, representing overall growth across the period. This upward trajectory was interrupted in 2023 when volume fell sharply to 13 414 tonnes, though it partially recovered to 14 451 tonnes in 2024.

In value terms, the market peaked at 46.1 million US dollars in 2019 before gradually declining to 43.3 million US dollars by 2021. After remaining stable in 2022, the market value dropped to 32.3 million US dollars in 2023, with only a slight increase to 32.5 million US dollars in 2024.

The simultaneous decline in both volume and value during 2023 indicates a market contraction, while the modest recovery in 2024 suggests a stabilization phase.

Production not reinforced or laminated non-cellular PET sheets in Denmark

In value, 2018-2021, K $ US

Production of not reinforced or laminated non-cellular PET sheets in Denmark has declined for the third consecutive year. In 2021, output was valued at 19 054 K $ US, remaining virtually unchanged compared to 2020. Between 2018 and 2021, production decreased by 17.2%, which equates to an annualized rate of 6.1%.

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

In kind, 2018-2021, t

After two years of reduction, production of not reinforced or laminated non-cellular PET sheets in Denmark increased in 2021. That year, 11 985 t were produced, marking a limited uptick of 7.4% compared to 2020. Over the period from 2018 to 2021, production decreased by 17.7%, with a compound annual growth rate of -6.3%. The lowest production level was recorded in 2020 at 11 164 t, while the largest decline occurred in 2019, dropping by 14.0%.

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

Exports not reinforced or laminated non-cellular PET sheets from Denmark

Exports in kind, t

Following a two-year decline, exports of not reinforced or laminated non-cellular PET sheets from Denmark increased in 2021. Exports reached 8 542 t, representing a 15.1% rise compared to the previous year. Between 2018 and 2021, exports decreased by 22.2%, equating to an annualized rate of 8.0%. The lowest export volume was recorded in 2020 at 7 422 t, and the largest decline occurred in 2019, falling by 21.0%.

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

From 2018 to 2021, Germany, the United Kingdom, and Sweden were the leading destinations for Denmark's exports of not reinforced or laminated non-cellular PET sheets. Germany accounted for 48.0% of exports in kind, the United Kingdom for 17.1%, and Sweden for 11.2%. Together, these three countries represented 76.3% 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

After two years of decrease, the value of not reinforced or laminated non-cellular PET sheets exported from Denmark rose in 2021. Exports totaled 19 930 K $ US, a significant increase of 44.2% compared to 2020. Over the period from 2018 to 2021, exports decreased by 14.3%, with a compound annual growth rate of -5.0%. The lowest value was recorded in 2020 at 13 821 K $ US, and the largest decline occurred in 2019, dropping by 28.1%.

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

Between 2018 and 2021, Germany, Sweden, and the United Kingdom formed the key group of partners for Denmark's exports of not reinforced or laminated non-cellular PET sheets in value terms. Germany accounted for 38.7% of exports, Sweden for 16.7%, and the United Kingdom for 16.1%. Collectively, these three countries represented 71.6% 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 not reinforced or laminated non-cellular PET sheets to Denmark

Imports in kind, t

In 2021, Denmark imported 14 786 t of not reinforced or laminated non-cellular PET sheets, reflecting an 8.4% increase year-over-year. Between 2018 and 2021, imports grew by 16.5%, equating to an annualized rate of 5.2%. The largest increase occurred in 2019, rising by 13.4%, while the largest decline was recorded in 2020, falling by 5.2%.

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

From 2018 to 2021, Oman, Germany, and Poland were the primary suppliers of not reinforced or laminated non-cellular PET sheets to Denmark. Oman accounted for 31.4% of imports in kind, Germany for 14.3%, and Poland for 10.0%. Together, these three countries represented 55.7% of total imports in kind.

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

After two years of decline, the value of not reinforced or laminated non-cellular PET sheets imported by Denmark increased in 2021. Imports were recorded at 44 139 K $ US, marking a significant advance of 14.5% compared to 2020. The lowest import value was recorded in 2020 at 38 559 K $ US, with the largest decline also occurring in that year, falling by 8.3%.

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

Over the period from 2018 to 2021, imports in value terms of not reinforced or laminated non-cellular PET sheets to Denmark were widely dispersed across partner countries. Germany accounted for 21.8% of imports, Oman for 15.5%, and Belgium for 8.5%. Together, these three countries represented only 45.8% 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