Earlier Report Observations
The market size for silicones in primary forms in Denmark, measured in value, declined from 13.7 million USD in 2018 to 9.0 million USD in 2020. In physical terms, market volume saw a temporary increase in 2019 to 1,819 tons before dropping to 1,404 tons in 2020.
A recovery in market value occurred in 2021, reaching 12.2 million USD, but this was short-lived as values fell again in 2022 and 2023 to 9.1 million USD. The overall trend from 2018 to 2023 shows significant volatility with no clear sustained growth.
By 2024, the market value had decreased further to 7.0 million USD. This decline aligns with broader European trends where silicone production and consumption fell, influenced by stringent environmental regulations and a strong focus on sustainable building practices as part of the EU's carbon-neutral targets. The market is characterized by a premium product mix with specialty formulations, and the EU regulatory environment continues to promote recyclable and long-lasting silicones.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2020
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2020
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Denmark
- 5.1.1. In kind, 2018-2020, t
- 5.1.2. In value, 2018-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Denmark
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Denmark in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Denmark in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production silicones in primary forms in Denmark
In value, 2018-2021, K $ US
Denmark's production of silicones in primary forms has increased for the third consecutive year. In 2021, the output was valued at 4 223 K $ US, representing a robust year-over-year rise of 17.8%. From 2018 to 2021, production grew by 33.7%, with a compound annual growth rate of 10.2%.
Annual dynamics of production in Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.0% | 5.1% | 17.8% | 10.2% |
In kind, 2018-2021, t
Silicones in primary forms production in Denmark has risen for the second consecutive year. In 2021, Denmark produced 470.9 t, marking a 2.4% increase compared to the previous year. Between 2018 and 2021, production increased by 13.4%, equating to an annualized growth rate of 4.3%.
Annual dynamics of production in Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.8% | 2.4% | n/a | - |
Exports silicones in primary forms from Denmark
Exports in kind, t
Denmark's exports of silicones in primary forms have increased for the third consecutive year. In 2021, exports totaled 603 t, up by 6.7% from the prior year. From 2018 to 2021, exports grew by 38.4%, with a compound annual growth rate of 11.4%.
Annual dynamics of product's exports from Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 18.8% | 9.2% | 6.7% | 11.4% |
From 2018 to 2021, Sweden, Poland, and Norway were the main destinations for Denmark's exports of silicones in primary forms in kind. Sweden accounted for 35.0% of exports, Poland for 18.5%, and Norway for 9.4%, with these three countries together representing 62.9% of total 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
Denmark's exports of silicones in primary forms in value terms have increased for the third consecutive year. In 2021, exports amounted to 6 097 K $ US, up by 11.3% compared to the previous year. Between 2018 and 2021, exports grew by 38.3%, equating to an annualized rate of 11.4%.
Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 8.9% | 14.2% | 11.3% | 11.4% |
Throughout 2018 to 2021, Sweden, Poland, and Norway formed the key group of partners for Denmark's exports of silicones in primary forms in value terms. Sweden represented 32.8% of exports, Poland 10.5%, and Norway 10.0%, with these three countries jointly accounting for 53.3% 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 silicones in primary forms to Denmark
Imports in kind, t
In 2021, Denmark's imports of silicones in primary forms in kind totaled 1 719 t, up by 14.7% from the previous year. The lowest level was recorded in 2020 at 1 498 t, while the peak occurred in 2019 at 1 877 t. The largest decline was in 2020, at 20.2%.
Annual dynamics of product's imports to Denmark in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.4% | (20.2%) | 14.7% | 0.4% |
From 2018 to 2021, Germany, Sweden, and Belgium were the key partners for Denmark's imports of silicones in primary forms in kind. Germany accounted for 52.1% of imports, Sweden for 14.4%, and Belgium for 9.2%, with these three countries together representing 75.7% 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
After a two-year decline, Denmark's imports of silicones in primary forms in value terms increased in 2021. Imports were valued at 14 050 K $ US, marking a 29.4% rise from 2020. From 2018 to 2021, imports decreased by 5.9%, with a compound annual growth rate of -2.0%. The lowest value was recorded in 2020 at 10 861 K $ US, with the largest decline that year at 19.0%.
Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (10.2%) | (19.0%) | 29.4% | (2.0%) |
In 2018 to 2021, Germany, Sweden, and the Netherlands were the main markets for Denmark's imports of silicones in primary forms in value terms. Germany accounted for 45.2% of imports, Sweden for 17.1%, and the Netherlands for 11.6%, together representing 73.9% 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
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