Plaster articles market in Denmark

Earlier Report Observations

The Danish plaster articles market expanded steadily from 2018 to 2020, supported by industry stability from major players like Knauf and a growing focus on gypsum recycling within the construction sector. The COVID-19 pandemic provided an additional boost in 2020, as lockdowns spurred home renovation projects and increased consumption of building materials, despite concurrent supply chain challenges and price pressures.

Market growth accelerated sharply in 2021 and 2022, primarily driven by a surge in raw material and energy costs. Prices for fuel, metals, and timber rose dramatically, elevating production expenses and ultimately pushing up the market value of plaster articles, even as the construction industry adapted to sustained high-cost conditions.

After peaking in 2022, the market contracted by 11.5% in 2023 before rebounding strongly in 2024 to reach 104 889 тыс. долл. США. This volatility marked a shift from the earlier cost-driven expansion period.

Production plaster articles in Denmark

In value, 2018-2021, K $ US

Denmark's plaster articles production has grown for the second year in a row. In 2021, output reached 90 073 thousand US dollars, marking a significant 12.5% increase from the previous year. Over the 2018-2021 period, production rose by 3.8%, with an average annual growth rate of 1.2%. The lowest production value was recorded in 2019 at 79 285 thousand US dollars, which also saw the largest decline of 8.7%.

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

Exports plaster articles from Denmark

Exports in kind, K t

After two years of decline, Denmark's plaster articles exports have rebounded. In 2021, exports totaled 66.9 thousand tonnes, representing a modest 5.5% increase from 2020. However, over the 2018-2021 period, exports fell by 34.5%, with an average annual decline of 13.1%. The lowest export volume was in 2020 at 63.4 thousand tonnes, while the largest drop occurred in 2019 with a 22.4% decrease.

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

From 2018 to 2021, Norway, Sweden, and France were the primary markets for Denmark's plaster articles exports by volume. Norway accounted for 40.0% of exports, Sweden for 12.3%, and France for 8.9%. Together, these three countries represented 61.3% 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

Following a two-year downturn, Denmark's plaster articles exports in value terms have increased. In 2021, exports amounted to 38 716 thousand US dollars, showing a 15.7% rise compared to 2020. Despite this recent growth, exports decreased by 14.1% over the 2018-2021 period, equivalent to an average annual decline of 4.9%. The lowest value was recorded in 2020 at 33 477 thousand US dollars, with the largest drop occurring in 2019 at 14.3%.

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

An analysis of Denmark's plaster articles exports by value from 2018 to 2021 reveals a diverse market distribution. Norway was the top destination with 23.7% of exports, followed by France at 15.5% and Sweden at 8.2%. Together, these three countries accounted for 47.4% of total flows, while the remaining 52.6% was spread across numerous other trading partners.

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

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

Imports plaster articles to Denmark

Imports in kind, K t

Denmark's plaster articles imports have declined for the second consecutive year. In 2021, imports stood at 156.6 thousand tonnes, down 13.3% from 2020. Over the 2018-2021 period, imports decreased by 7.1%, with an average annual decline of 2.4%. The highest import volume was recorded in 2019 at 186.2 thousand tonnes, which also saw the largest increase of 10.5%.

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

Between 2018 and 2021, the Netherlands, Spain, and Germany were the main sources of plaster articles imports to Denmark by volume. The Netherlands accounted for 38.1% of imports, Spain for 33.9%, and Germany for 20.6%. Combined, these three countries represented 92.7% 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

Denmark's plaster articles imports in value terms reached 39 936 thousand US dollars in 2021, up 2.8% from the previous year. Over the 2018-2021 period, imports increased by 5.9%, with an average annual growth rate of 1.9%. The highest import value was in 2019 at 40 943 thousand US dollars, which saw an 8.5% increase. The largest decline occurred in 2020 with a 5.2% drop.

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

From 2018 to 2021, the Netherlands, Spain, and Germany dominated Denmark's plaster articles imports by value. The Netherlands contributed 31.5% of imports, Spain 30.1%, and Germany 26.3%. Together, these three countries accounted for 87.9% 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