Polymers of propylene or of other olefins in primary forms market in Denmark

Earlier Report Observations

The Danish market for polymers of propylene and other olefins began the period at 234 million dollars in 2018, then contracted over the next two years to 164 million dollars by 2020.

A pronounced recovery in 2021 lifted the market size to 250 million dollars. This was followed by a 6% decline to 234 million dollars in 2022, a contraction that coincided with global crude oil price volatility and supply chain disruptions, which raised production costs and affected trade flows for polymer materials.

After the 2022 adjustment, the market fell sharply to 160 million dollars in 2023, before partially rebounding with a 13% increase to 181 million dollars in 2024.

Production propylene and other olefin polymers in primary forms in Denmark

In value, 2018-2021, K $ US

Denmark's production of polymers of propylene or other olefins in primary forms, measured in monetary terms, rebounded after two years of decline. In 2021, output reached 5 328 thousand US dollars, marking a significant 43.6% increase compared to 2020. However, looking at the broader period from 2018 to 2021, production actually decreased by 46.6%, with an average annual decline of 18.9%. The lowest point was in 2020 at 3 710 thousand US dollars, which also saw the steepest drop of 48.5%.

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

In kind, 2018-2021, t

In physical terms, Denmark's production of polymers of propylene or other olefins in primary forms continued to decline for the second year in a row. In 2021, output was 3 412 tonnes, down 43.2% from the previous year. Over the 2018-2021 period, production fell by 51.3%, translating to an average annual decrease of 21.3%.

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

Exports propylene and other olefin polymers in primary forms from Denmark

Exports in kind, K t

Denmark's exports of polymers of propylene or other olefins in primary forms, measured in physical terms, grew for the third consecutive year. In 2021, exports totaled 43.0 thousand tonnes, a 10.3% increase compared to 2020. From 2018 to 2021, exports rose by 26.3%, with an average annual growth rate of 8.1%.

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

From 2018 to 2021, Sweden, Germany, and Poland were the three largest markets for Denmark's exports in physical terms, collectively accounting for 56.8% 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, M $ US

In monetary terms, Denmark's exports of polymers of propylene or other olefins in primary forms increased for the second year in a row. In 2021, export value reached 108.7 million US dollars, a sharp 45.4% rise compared to 2020. Over the 2018-2021 period, exports grew by 54%, with an average annual increase of 15.5%. The lowest value was recorded in 2019 at 68.0 million US dollars, which also saw the largest decline of 3.7%.

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

An analysis of export values from 2018 to 2021 reveals a diverse distribution across many markets. Sweden accounted for 25.1% of export value, Germany for 14.6%, and the United Kingdom for 7.3%, together making up 47.0% of total flows. The remaining 53.0% was spread among 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 propylene and other olefin polymers in primary forms to Denmark

Imports in kind, K t

In 2021, Denmark's imports of polymers of propylene or other olefins in primary forms, measured in physical terms, stood at 186.9 thousand tonnes, a 2.7% decrease compared to 2020. The lowest import volume was in 2019 at 183.1 thousand tonnes, while the highest was in 2020 at 192.1 thousand tonnes, which also saw the largest increase of 4.9%.

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

From 2018 to 2021, Belgium, the Netherlands, and Germany were the key suppliers for Denmark's imports in physical terms. Belgium accounted for 32.0% of imports, the Netherlands for 28.0%, and Germany for 11.2%, together representing 71.2% 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, M $ US

After two years of decline, Denmark's imports of polymers of propylene or other olefins in primary forms, measured in monetary terms, increased in 2021. Imports reached 353.6 million US dollars, a 50.5% year-on-year gain. Over the 2018-2021 period, imports rose by 19.9%, with an average annual growth rate of 6.2%. The lowest value was in 2020 at 235.0 million US dollars, while the largest decline occurred in 2019 at 11.4%.

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

From 2018 to 2021, Belgium, the Netherlands, and Germany consistently led Denmark's import structure in value terms. Belgium accounted for 30.4% of import value, the Netherlands for 28.0%, and Germany for 12.1%, collectively making up 70.4% 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