Particle board of wood market in Denmark

Earlier Report Observations

The Danish particle board market experienced significant volume expansion, rising from 550 thsd m³ in 2018 to 1 294 thsd m³ by 2023. This growth was interrupted in 2020 when the market contracted to 645 thsd m³ due to COVID-19 lockdowns that suppressed demand from the construction sector. The subsequent recovery and strong growth through 2022 and 2023 were driven by an increased focus on sustainable construction materials and rising demand for particle boards made from recycled wood fibers, widely used in building and furniture applications.

In value terms, the market reached a peak of $163 million in 2021 before declining to $109 million by 2024. This decrease coincided with a 20.2% fall in average import prices in 2024, which improved product accessibility. The market landscape was further shaped by environmental regulations, including Denmark's enforcement of stricter Class E1plus formaldehyde emission thresholds for imports in 2025, and continued manufacturer investment in recycling technologies to boost the use of recycled fibers.

Production particle board of wood in Denmark

In value, 2018-2021, K $ US

Denmark's particle board production value increased for the second consecutive year. In 2021, output reached 98 364 thousand US dollars, marking a 12.1% rise from 2020. Production hit its lowest point in 2019 at 85 864 thousand US dollars, with the largest decline that year at 1.9%. Over the 2018-2021 period, production grew by 12.4%, averaging an annualized rate of 4.0%.

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

In kind, 2018-2021, K m³

Top producers of particle board of wood, 2018-2021

World map of production of particle board of wood, 2018-2021

Following two years of growth, Denmark's particle board production volume declined. In 2021, output stood at 354.7 thousand cubic meters, down 9.3% from the previous year. Production peaked in 2020 at 391.2 thousand cubic meters, with the largest increase occurring in 2019 at 6.4%. From 2018 to 2021, production decreased by 2.9%, with a compound annual growth rate of 1.0%.

Annual dynamics of production in Denmark in kind, 2018-2021, K m³

Exports particle board of wood from Denmark

Exports in kind, K m³

Denmark's particle board exports surged in 2021, reaching 224.8 thousand cubic meters—a sharp 34.9% increase from the previous year. Exports hit their lowest point in 2020 at 166.6 thousand cubic meters, with the largest decline that year at 14.6%. Over the 2018-2021 period, exports grew by 25.4%, averaging an annualized rate of 7.8%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, K m³

From 2018 to 2021, Sweden led as Denmark's top buyer of particle board by volume, accounting for 67.8% of exports. Norway followed with 7.8%, and the Faroe Islands with 7.5%. Together, these three markets represented 83.0% of Denmark's total particle board exports in kind.

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 contraction, Denmark's particle board export value rebounded. In 2021, exports totaled 31 754 thousand US dollars, up 43.2% year-over-year. The lowest value was recorded in 2020 at 22 177 thousand US dollars, with the largest decline in 2019 at 38.5%. Over the 2018-2021 period, export value decreased by 19.4%, with a compound annual growth rate of 7.0%.

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

Throughout 2018-2021, Sweden remained Denmark's primary export destination by value, capturing 72.9% of total flows. The remaining share was distributed among various smaller markets.

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

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

Imports particle board of wood to Denmark

Imports in kind, K m³

Denmark's particle board imports saw a sharp improvement in 2021, reaching 569.9 thousand cubic meters—a 35.5% increase from the previous year. Imports peaked in 2019 at 585.7 thousand cubic meters, with the largest increase that year at 60.8% and the largest decline in 2020 at 28.2%. Over the 2018-2021 period, imports grew by 56.5%, with a compound annual growth rate of 16.1%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, K m³

From 2018 to 2021, Poland, Germany, and Sweden were Denmark's principal suppliers of particle board by volume. Poland accounted for 29.4% of imports, Germany for 27.8%, and Sweden for 26.7%. Together, these three countries supplied 83.8% of Denmark's total particle board 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

Denmark's particle board import value increased for the second consecutive year. In 2021, imports amounted to 96 446 thousand US dollars, reflecting a sudden uptick of 46.1% from the prior year. The lowest value was recorded in 2019 at 54 126 thousand US dollars, with the largest decline that year at 11.3%. Over the 2018-2021 period, import value grew by 58.1%, with a compound annual growth rate of 16.5%.

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

Throughout 2018-2021, Germany, Poland, and Sweden remained the key sources for Denmark's particle board imports by value. Germany accounted for 31.8% of imports, Poland for 25.5%, and Sweden for 20.7%. Together, these three directions represented 78.0% 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