Printed labels of paper or paperboard market in Denmark

Earlier Report Observations

The market for printed paper and paperboard labels in Denmark started at 151.8 million USD in 2018, supported by the country's position as a major global producer and growing demand driven by EU sustainability regulations like the Packaging and Packaging Waste Regulation. After a contraction to 136.4 million USD in 2019, the market recovered to 141.5 million USD in 2020, as the COVID-19 pandemic boosted demand for packaging in medical and food sectors, while stricter labeling and traceability requirements came into effect.

Market growth accelerated to 152.9 million USD in 2021, fueled by a 16% surge in imports indicating stronger demand, alongside continued investment in sustainable materials and changing consumer preferences. In 2022, the market expanded further to 159.0 million USD, supported by Avery Dennison's capital injection of over 60 million euros to enhance local production capacity and the implementation of new EU packaging waste rules that incentivized eco-friendly labels.

The upward trend continued in 2023, with the market reaching 168.1 million USD. However, in 2024 it retreated to 161.6 million USD.

Production printed labels of paper or paperboard in Denmark

In value, 2018-2021, M $ US

Denmark's production of printed paper or paperboard labels has grown for the second year in a row. In 2021, output reached 191.9 million US dollars, marking a 7.5% increase from the previous year. Looking at the period from 2018 to 2021, production rose by 7.2%, which translates to an average annual growth rate of 2.3%. The lowest production value was recorded in 2019 at 164.9 million US dollars, when it fell by 7.9%. In contrast, the largest increase occurred in 2020, with an 8.2% rise.

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

In kind, 2018-2021, K t

The market showed an unstable trend over the observed period. Production volumes fluctuated significantly, with a 17-fold difference between the low in 2019 and the peak in 2020. In 2021, Denmark produced 23.6 thousand tonnes of printed paper or paperboard labels, representing a sharp decline of 94.2% compared to the previous year. The minimum volume was recorded in 2019 at 23.5 thousand tonnes, while the maximum was in 2020 at 404.6 thousand tonnes. The largest increase occurred in 2020, with a dramatic rise of 1,620.1%.

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

Exports printed labels of paper or paperboard from Denmark

Exports in kind, t

Denmark's exports of printed paper or paperboard labels have increased for the second consecutive year. In 2021, the country exported 6,114 tonnes, up by 3.5% from the year before. Over the period from 2018 to 2021, exports grew by 13.8%, with a compound annual growth rate of 4.4%. The lowest export volume was in 2019 at 5,275 tonnes, when it decreased by 1.8%. The largest increase was recorded in 2020, with a 12.0% rise.

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

From 2018 to 2021, Sweden, Germany, and Hungary were notable buyers of printed paper or paperboard labels from Denmark, but their combined share did not dominate the market. Sweden accounted for 16.5% of exports in kind, Germany for 15.1%, and Hungary for 12.2%, totaling 43.8% of overall exports.

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

Exports of printed paper or paperboard labels from Denmark have risen for the second year in a row. In 2021, exports amounted to 74,308 thousand US dollars, showing a 12.1% increase compared to the previous year. Between 2018 and 2021, exports increased by 11.5%, with a compound annual growth rate of 3.7%. The lowest value was recorded in 2019 at 60,784 thousand US dollars, when exports fell by 8.8%.

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

The export structure in value terms from 2018 to 2021 was diversified, with no single country holding a clearly dominant position. Germany accounted for 19.0% of exports in value, Sweden for 17.7%, and Hungary for 9.9%, together making up 46.5% of total 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 printed labels of paper or paperboard to Denmark

Imports in kind, t

After a two-year decline, Denmark's imports of printed paper or paperboard labels have increased. In 2021, the country imported approximately 5,799 tonnes, up by 8.3% from the previous year. Over the period from 2018 to 2021, imports decreased by 22.7%, with a compound annual decline rate of 8.2%. The lowest import volume was in 2020 at 5,353 tonnes. The largest decline occurred in 2019, with a 20.1% drop.

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

From 2018 to 2021, the Netherlands, Germany, and Sweden were the main sources in the geographical breakdown of imports in kind for printed paper or paperboard labels to Denmark. The Netherlands accounted for 36.7% of imports, Germany for 15.2%, and Sweden for 14.3%, together representing 66.2% of total 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

Following a two-year drop, imports of printed paper or paperboard labels into Denmark have increased. In 2021, imports stood at 35,272 thousand US dollars, indicating a strong year-on-year advance of 20.4%. Between 2018 and 2021, imports decreased by 10.4%, with a compound annual decline rate of 3.6%. The lowest value was recorded in 2020 at 29,295 thousand US dollars. The largest decline was in 2019, with an 18.0% fall.

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

Throughout 2018 to 2021, the three largest markets—the Netherlands, Germany, and Sweden—remained central to imports in value terms, collectively accounting for 60.3% of total flows.

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

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