Plastic spools and bobbins market in Denmark

Earlier Report Observations

From 2018 to 2021, the market for plastic spools and bobbins in Denmark expanded significantly, with its volume rising from 8.7 million USD to 13.3 million USD. This growth was initially shaped by the launch of Denmark's first national plastics strategy in late 2018, which emphasized circular economy principles and aimed to reduce plastic waste. By 2021, a marked recovery in demand for plastic packaging within consumer goods sectors provided a direct boost to market activity.

Following the 2021 peak, the market volume contracted to 11.4 million USD in 2022 as the government finalized binding legislation on extended producer responsibility (EPR) for packaging and single-use plastics, introducing new compliance costs. A partial recovery to 12.9 million USD in 2023 coincided with the implementation of statutory orders for EPR and marketing restrictions on certain single-use plastics. The market then softened to 11.9 million USD in 2024, a period characterized by mandatory producer registration for EPR and the commencement of operations at the large-scale sorting facility, Resource Denmark, which bolstered the domestic recycling ecosystem.

Production plastic spools and bobbins in Denmark

In value, 2018-2021, K $ US

Denmark's plastic spools and bobbins production has increased for the third consecutive year. In 2021, output was valued at 15 157 thousand US dollars, marking a significant 46.4% rise compared to 2020. Over the 2018-2021 period, production grew by 77.5%, with an average annual growth rate of 21.1%.

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

In kind, 2018-2021, t

Denmark's plastic spools and bobbins production has risen for the third year in a row. In 2021, the country produced 20 201 tonnes, representing a substantial 375.2% increase from 2020. From 2018 to 2021, production surged by 649.1%, with an average annual growth rate of 95.7%.

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

Exports plastic spools and bobbins from Denmark

Exports in kind, t

The data shows irregular changes, indicating a volatile market environment. Export volumes reached their lowest point in 2020 at 471 tonnes and peaked in 2021 at 1 257 tonnes, a 2.7-fold difference. In 2021, exports increased by 166.6% compared to the previous year. The largest decline occurred in 2019, with a 4.2% drop.

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

From 2018 to 2021, the Netherlands, Norway, and Sweden were consistently the main destinations for Denmark's plastic spools and bobbins exports by volume. The Netherlands accounted for 36.5% of exports, Norway for 25.8%, and Sweden for 17.1%, together making up 79.4% 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

The market exhibited an unstable trend throughout the period. Export values hit their lowest in 2020 at 1 261 thousand US dollars and peaked in 2021 at 3 935 thousand US dollars, showing a 3.1-fold variation. In 2021, export value increased by 212.0% year-over-year. The largest decline was recorded in 2020, with a 6.9% decrease.

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

Over the 2018-2021 period, Norway, Sweden, and the Netherlands consistently led as the top destinations for Denmark's plastic spools and bobbins exports by value. Norway accounted for 22.6% of export value, Sweden for 20.6%, and the Netherlands for 19.7%, jointly representing 62.9% 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 plastic spools and bobbins to Denmark

Imports in kind, t

After a two-year decrease, Denmark's imports of plastic spools and bobbins by volume increased in 2021. Imports totaled 464 tonnes, reflecting a sharp 41.8% rise year-over-year. Over the 2018-2021 period, imports decreased by 14.9%, with an average annual decline of 5.2%. The lowest volume was recorded in 2020 at 327 tonnes, and the largest decline occurred in 2019 with a 35.4% drop.

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

From 2018 to 2021, Sweden, Germany, and Finland were the primary sources for Denmark's plastic spools and bobbins imports by volume. Sweden accounted for 48.5% of imports, Germany for 10.7%, and Finland for 10.3%, together absorbing 69.6% 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 imports of plastic spools and bobbins by value have increased for the second consecutive year. In 2021, import volume totaled 2 116 thousand US dollars, showing a 29.3% advance compared to 2020. Over the 2018-2021 period, imports grew by 29.1%, with an average annual growth rate of 8.9%. The minimum value was recorded in 2019 at 1 465 thousand US dollars, with the largest decline that year at 10.7%.

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

In the 2018-2021 period, Sweden, Germany, and the Netherlands were the principal sources for Denmark's plastic spools and bobbins imports by value. Sweden accounted for 34.5% of import value, Germany for 17.7%, and the Netherlands for 14.2%, jointly making up 66.4% 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