Market research

Portland cement market in Denmark

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The Danish portland cement market expanded in physical volume from 1.8 million tons in 2018 to a peak of 2.3 million tons in 2022, representing growth of over 25%. During this period, the market value more than doubled, rising from $211.8 million to $319.9 million.

A pronounced contraction in volume began in 2023, with consumption falling by 337 thousand tons to 1.9 million tons and declining further to 1.8 million tons in 2024. Despite the lower volume, market value reached its highest point at $343.0 million in 2023 before a slight correction to $338.1 million in 2024, indicating maintained price levels or changes in the product structure.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2024
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Denmark
  1. 5.1.1. In kind, 2018-2024, K t
  2. 5.1.2. In value, 2018-2024, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production portland cement in Denmark

In value, 2018-2021, M $ US

Denmark's portland cement production has increased for the third consecutive year. In 2021, output was valued at 362.9 million US dollars, marking a strong 10.6% increase compared to 2020. Over the period from 2018 to 2021, production grew by 17.7%, with a compound annual growth rate of 5.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.2%	6.3%	10.6%	5.6%

Source: SHEV.io

In kind, 2018-2021, K t

Denmark's portland cement production volume has risen for the third year in a row. In 2021, 2 509 thousand tonnes were produced, remaining stable compared to 2020. Between 2018 and 2021, production increased by 5.8%, equating to an annualized growth rate of 1.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	2.9%	2.3%	0.4%	1.9%

Source: SHEV.io

Exports portland cement from Denmark

Exports in kind, K t

After a two-year decline, Denmark's cross-border shipments of portland cement increased in 2021. Export volume totalled 686.3 thousand tonnes, showing a 1.2% rise compared to 2020. Between 2018 and 2021, exports decreased by 24%, with an annualized decline rate of 8.8%. The lowest volume was recorded in 2020 at 678.2 thousand tonnes, while the largest drop occurred in 2019 with a 14.9% decrease.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.9%)	(11.8%)	1.2%	(8.8%)

Source: SHEV.io

From 2018 to 2021, portland cement from Denmark was primarily shipped to Special Categories, which accounted for 100.0% of total exports in volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Following a two-year decline, Denmark's portland cement exports increased in 2021. Export value reached 106.4 million US dollars, reflecting a controlled 6.5% year-over-year rise. Between 2018 and 2021, exports fell by 17%, with an annualized decrease of 6.0%. The lowest value was recorded in 2020 at 99.9 million US dollars, and the largest decline was in 2019 with a 15.1% drop.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(15.1%)	(8.2%)	6.5%	(6.0%)

Source: SHEV.io

From 2018 to 2021, Special Categories were the almost exclusive buyers of portland cement from Denmark, taking 100.0% of total exports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports portland cement to Denmark

Imports in kind, K t

After a two-year rise, Denmark's portland cement imports declined in 2021. Imports reached 408.6 thousand tonnes, constituting a 3.7% decrease from the previous year. Between 2018 and 2021, imports increased by 23.5%, with an annualized growth rate of 7.3%. The highest volume was recorded in 2020 at 424.2 thousand tonnes, and the largest increase occurred in 2019 with a 23.1% rise.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	23.1%	4.1%	(3.7%)	7.3%

Source: SHEV.io

Throughout 2018 to 2021, Germany, Sweden, and Spain formed the core of Denmark's portland cement imports in volume. Germany accounted for 37.3% of imports, Sweden for 31.3%, and Spain for 19.9%, together taking 88.5% of total flows.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Denmark in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

Denmark's portland cement import value has increased for the third consecutive year. In 2021, imports stood at 35.3 million US dollars, constituting a limited 5.5% increase relative to the prior year. Over the period from 2018 to 2021, imports grew by 11.7%, with a compound annual growth rate of 3.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.3%	5.5%	5.5%	3.7%

Source: SHEV.io

Throughout 2018 to 2021, Germany, Sweden, and Spain played leading roles in Denmark's portland cement imports in value terms. Germany accounted for 42.2% of imports, Sweden for 27.6%, and Spain for 13.6%, jointly taking 83.5% of total flows.

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

Source: SHEV.io

World map of product's imports to Denmark in value, 2018-2021

Source: SHEV.io